Litecoin — The Old Guard Tests Its Relevance

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Litecoin doesn’t scream like new meme coins, but it still moves with power when liquidity lines up. Right now LTC is coiling around $112–115, after a sharp rally and rejection.

What’s interesting? The footprint and derivatives flow. Despite chop on spot, funding is flat, OI steady, and CVD heavy negative — suggesting sellers pressing but not breaking. The market is testing patience before deciding: fresh squeeze higher, or bleed back into old support.



HTF (1W / 2D)
• Price ~$112.7
• Range: $105–125 control band
• Supports: $108 → $96
• Resistance: $124 → $132

MTF/LTF (12H / footprint)
• Absorption prints under $114–112 zone
• Heavy liquidity sits under $108 → likely sweep bait
• Above $124 unlocks clean run into $130+

Derivatives (Velo)
• OI consistent, no major flush
• Funding neutral across majors
• CVD tilted negative → showing sell pressure, but buyers still holding
• Liquidations stacking below $110



Idea Map
• Long idea: buy sweep of $108–106 with BOS↑ confirmation
• Short idea: fade rejection under $124 back to $110
• Invalidations: lose $96 HTF = breakdown, reclaim >$132 = expansion



⚡ Litecoin trades like a veteran — boring until it suddenly isn’t. The trap here will decide the next run.

Candle Craft | Signal. Structure. Execution.

Penafian

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