LTCUSD INTRADAY uptrend supported at 840.00LTC/USD shows a bullish price action sentiment, supported by a sustained upward trend. Recent intraday activity indicates sideways consolidation, hinting at potential accumulation before a breakout.
Key Levels:
Support: 840 (primary), followed by 800, 777, and 738
Resistance: 901, with extended targets at 936 and 964
The 840 level remains the key pivot and prior consolidation zone. A pullback to this level, followed by a bullish rebound, would reinforce the current trend and open the path toward resistance at 901, with potential extensions to 936 and 964 over the longer term.
Alternatively, a confirmed break and daily close below 840 would invalidate the bullish outlook, signaling the risk of a deeper correction. In this scenario, support levels to watch include 800, followed by 777 and 738.
Conclusion:
LTC/USD is currently consolidating within a broader bullish trend. Holding above the 840 support level is critical for continued upward momentum. A breakdown below this level would shift focus to lower support zones and suggest increased downside pressure.
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