Technical analysis by CryptoAnalystSignal about Symbol LTC: Buy recommendation (5/29/2025)

#LTCThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 92.48.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 97.44First target: 100.24Second target: 102.45Third target: 105.26