The recent price action of Litecoin has left traders uncertain about its future direction. After being rejected at $131, LTC has struggled to regain momentum and $113 has become a critical support level. If LTC can hold above this level, it may regain bullish momentum and see another rally. However, if it breaks down, it could lead to further losses and sellers taking control. Key technical indicators, such as the Relative Strength Index, are showing caution signals, suggesting weakening buying strength and increasing selling pressure. If the $113 support holds, LTC may bounce back and retest the $131 resistance level, potentially leading to further gains. On the downside, if LTC falls below $113, the next major support levels to watch are $97.9 and $89.7, which could trigger a deeper correction.



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