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Litecoin(LTC): Can We See Another Drop?

Short
BYBIT:LTCUSDT.P   LTCUSDT Perpetual Contract
The LTC coin has caught our attention with some nice potential for history to be repeated!

We are seeing how, after forming some bullish trends, we have been eventually breaking them from time to time.

With that being said, we are seeing a similar outcome, where currently we had a breakdown and now we are entering the "sideways movement" phase.

During that phase, multiple positions can be taken, but as of now, this is just raw material, as we need to see if we will form any clear trends here!

Swallow Team
Comment:

While coin is seeing some struggle to maintain current zones, we are looking for perfect entry as always.

We are aiming here for the upper, smaller resistance zone (which can be a good entry point for a short position).

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