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Just checked LTC and it's holding around $52 after that recent dip, but the structure is getting interesting. The HH/HL pattern is still intact as long as we don't break below the $51.42 swing low (that's the key support right now). Problem is, we're getting pretty close to that zone, so if BTC stumbles further, this could trigger a quick flush down.
The bullish case is still there if LTC can reclaim above $54.41 and push toward $59+, which would confirm the uptrend is alive. But here's what's got my attention: if we get a hard close below $51.42, we're looking at a potential choch situation - that's when the structure flips from higher lows to lower lows, and things get messy fast. That would open the door toward the $45 zone.
Right now the 24h range is tight, but we're sitting near the lows. MACD is still showing some bullish signals and price is above the 20 EMA, so momentum isn't completely dead. The real tell will be whether BTC can stabilize - LTC moves with it pretty closely. If BTC holds up, we probably bounce from here. If not, that support at $51.42 becomes critical. Watching the volume on any break.