Smart money bullish on LTC by 71%, but MA stack signals sell bounce at $44.30. OI dropping, volume minimal- bearish sign.
Smart money bullish on LTC by 71%, but MA stack signals sell bounce at $44.30. OI dropping, volume minimal- bearish sign.
Unusual Whales
The price of LTC is currently consolidating at $44.30 and is facing strong resistance from multiple moving averages. The stochastic readings suggest a potential bounce due to being oversold. However, open interest is declining, and trading volume is extremely low, hovering near zero.