Technical analysis by unichartz about Symbol LTC on 5/7/2025

LTCUSDT is moving inside a wide range that's been respected for over 3 years — with price bouncing between a strong support zone ($50–$60) and a strong resistance zone ($130–$145).Key Highlights:Strong Support Zone:Price recently bounced off a long-term horizontal support area near $60 — the same zone that sparked multiple rallies in the past.Rising Trendline:A clean, rising diagonal support has held since 2020 — each retest has led to upward momentum. The latest bounce confirms this structure is still valid.Current Structure:Price is climbing from the base of the range. If it breaks through the mid-zone and holds, we could see an attempt toward the upper resistance around $130+.DYOR, NFA