Technical analysis by SaMa101 about Symbol LTC: Sell recommendation (5/30/2025)

SaMa101

Ltcusdt witnesses the price LTC in the daily and weekly interval a decline, as it fell under all the moving averages in only one candle, which is a clear indication of the power of the current negative momentum. The price broke an important support at $ 88.5 during today's candle, which enhances the possibility of continuing to drop in the near term. In addition, the price broke the Fibonacci level 0.382, and is currently heading towards a level 0.236 at 81 dollars, with temporary support at $ 83.5 that may provide some temporary stability. In terms of technical aspects, MCD and HMA indicators into one strategy give us a clear exit signal: MACD shows a negative intersection, indicating the transformation of the market momentum to the descending direction. Building.