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Technical analysis by FenzoFxBroker about Symbol LTC on 6/2/2025

https://sahmeto.com/message/3572476
FenzoFxBroker
FenzoFxBroker
Rank: 336
2.8

Bearish Pressure Eases—Can Litecoin Recover?

Neutral
Price at Publish Time:
$87.51
،Technical،FenzoFxBroker

FenzoFx—Litecoin remains bearish after breaking below $93.55, though selling pressure eased near $83.0. Currently, LTC/USD is testing the bearish Fair Value Gap at $87.5.A recovery toward $93.55 is possible if price closes above the $88.0–$90.0 zone, allowing bullish momentum to extend toward $92.00.However, a dip below $85.0 would invalidate this outlook, with the next bearish target at $81.0.

Source Message: TradingView
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