Litecoin's trading volume showed a significant anomaly today, with a 16.8% surge in volume on the 30-minute K-line. Such sudden volume spikes often indicate that the market is about to make a big move. Currently, LTC is trading around 78.43 USDT, only 0.60% away from the key support level at 77.68 on the 1-hour chart, which is quite close.
From a technical perspective, this level is indeed worth paying attention to. Consider placing buy orders near 77.68; once this support is firmly held, there is potential for an upward breakout. The target resistance is set at 80.73, which is an ideal short-term take-profit point.
Unusual volume activity rarely lies, especially when such volume appears near support levels, often signaling market makers testing the waters or building positions. In the next few hours, LTC's trend should become quite critical and warrants close monitoring.
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GasOptimizer
· 6h ago
77.68 Is that key support really attracting money, or is it just another trick to trigger my liquidation?
Main force testing the waters? I trust the main players more to cut the leeks...
Does volume increase always mean big moves? Wake up, I've seen this routine too many times.
It's either placing orders waiting for a breakout or targeting over 80... I've heard enough, let's see if the high volume can hold first.
Whether this wave can really stabilize or is just another trap to lure in buyers, I’ll just watch for now.
A sudden surge in trading volume is interesting, but LTC... this coin is unreliable.
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ForeverBuyingDips
· 6h ago
77.68 Is this support level really that reliable? It feels like it gets broken through every time.
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Does increased volume necessarily mean the main force? Why do I always see this kind of situation at the top...
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It's another long position. Anyway, I'm waiting for a breakdown before acting.
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If this wave can really reach 80.73, I’ll be laughing to death. LTC has been so weak lately.
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A surge in trading volume sounds great, but it still ends up falling along with the market.
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All the orders at the support level are probably from retail traders. Just wait to be swept out.
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¯\_(ツ)_/¯
· 6h ago
Increase in volume approaching support level, I've seen this trick before, the smell of the main force
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Is it the main force building positions again? Why do I feel like these signals are everywhere
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77.68, can it really hold steady? Seems like we need to watch a bit more
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16.8% volume increase is a bit fierce, are you sure this isn't a trap to attract buyers?
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Damn, once again I got caught at the support level, do you dare to try again this time?
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Short-term looks indeed critical, but I no longer trust technical analysis
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That target at 80.73, do you dare to gamble, everyone?
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Trading volume surging, honestly I'm more worried this is a sign of distribution
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Those placing buy orders are brave, I think I'll stay on the sidelines
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If this wave breaks the support, it will crash directly, no one can save it
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SignatureAnxiety
· 7h ago
High volume doesn't necessarily mean a good signal. I was tricked by this line of thinking last time.
Everyone is thinking about 77.68. Would the main force let you go so smoothly?
This LTC coin feels a bit虚, something worth over 80 dollars. Can it break 80 this time?
It's the same as placing buy orders and setting target prices, feels almost like gambling.
What if the support level is broken? Should I just cut my losses directly?
Litecoin's trading volume showed a significant anomaly today, with a 16.8% surge in volume on the 30-minute K-line. Such sudden volume spikes often indicate that the market is about to make a big move. Currently, LTC is trading around 78.43 USDT, only 0.60% away from the key support level at 77.68 on the 1-hour chart, which is quite close.
From a technical perspective, this level is indeed worth paying attention to. Consider placing buy orders near 77.68; once this support is firmly held, there is potential for an upward breakout. The target resistance is set at 80.73, which is an ideal short-term take-profit point.
Unusual volume activity rarely lies, especially when such volume appears near support levels, often signaling market makers testing the waters or building positions. In the next few hours, LTC's trend should become quite critical and warrants close monitoring.