Litecoin Rejected at $134 — $120 Support Is Key
I see Litecoin rejected at the $134 level after a 7.33% daily drop, with the price now testing the crucial support area around $120 at $121.71. Despite the pullback, August's rally was driven by notable whale accumulation and earlier bullish momentum.
I'm watching whether LTC can hold above $120 — a decisive break below would likely invite further downside, while a swift recovery would confirm buyers remain active. I'll follow volume and on-chain whale movement for conviction before changing my position.
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