Technical analysis by FenzoFxBroker about Symbol LTC on 5/30/2025

FenzoFx—Litecoin dropped 6.2% yesterday, marking its largest daily range this week. It failed to hold within the High Volume Node box, and selling pressure in the Asian session pushed the price below weekly support to a new low of $89.3.Currently, LTC/USD is consolidating near the 61.8% Fibonacci retracement level, a key resistance zone. If this level holds, the downtrend may resume, targeting weekly support levels.Given that Litecoin has already reached its average daily range, no major moves are expected today.