Yigit Taha OZTURK 
After the recent major fluctuations, LTC (Litecoin) continues to trade within a narrow range on the daily chart. The 94$ support level has become a crucial point, and it acts as a key threshold for LTC. If the price drops below 94$, a pullback to the 86$ – 87$ range is possible. These levels are important previous support areas and could see a potential rebound from LTC.
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On the other hand, if LTC manages to hold above 94$, an upward movement is likely to follow. In this scenario, the first resistance would be the descending FVG area. The 115$ level, if surpassed with a daily close, could signal further upward momentum, and the next target would be the 131$ resistance level. For LTC to maintain its bullish trend, it must break through these critical levels, making it essential for investors to closely monitor them.
Additionally, considering the general market uncertainty and the potential for further price volatility, it is crucial for investors to stay vigilant with short-term movements. There is a balance between the upside and downside scenarios, so caution is advised. Specifically, whether the 94$ support holds will be a key determinant in the short-term direction of LTC.
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