LTC

From the daily chart perspective, the price is currently approaching the end of an ascending wedge pattern, and this position has entered a critical decision zone: if it can effectively break through the $117 level, it will officially confirm a bullish structure, with subsequent upward targets looking towards $130; conversely, if it falls below the $110 support level, it is likely to test the $100 round number for a pullback confirmation.

Looking at the 4-hour chart again, the current MACD indicator is in a state of repeated entanglement above the zero axis, and short-term signals have not yet become clear: once the indicator forms a golden cross, there is hope for a short-term rebound; if it continues to remain in a stalemate without a clear golden cross signal, one should be wary of the further accumulation of retracement pressure.
It is recommended to buy at a low level, looking to return around 110-108, aiming for 116.