LTCUSD INTRADAY sideways consolidation capped at 897.70

Market Sentiment:
The prevailing trend for LTCUSD remains bearish, with the recent price action appearing to be an oversold bounce rather than a sustained recovery.

Key Levels:
Resistance: 897.70 (Previous consolidation zone)

Support Levels: 826.80 → 790.20 → 746.40

Potential Scenarios:
Bearish Continuation: If LTCUSD fails to break above 897.70 and faces rejection, it could resume its downtrend, targeting 826.80 initially, followed by 790.20 and 746.40 over the longer term.

Bullish Breakout: A confirmed breakout and daily close above 897.70 would shift the sentiment bullish, paving the way for a rally toward 931.60 and potentially 960.00.

Conclusion:
LTCUSD remains in a bearish structure unless a breakout above 897.70 is confirmed. Until then, price action suggests that any rally is likely to be a short-term relief within a broader downtrend.

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