Litecoin price touched our first waited target at 142.75 and bounced downwards clearly from there, to approach testing the key support 130.80, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, waiting to motivate the price to resume the main bullish trend, which targets 158.50 level as a next main station.
In general, we will continue to suggest the bullish trend unless breaking 130.80 level and holding below it.
The expected trading range for today is between 127.00 support and 150.00 resistance
The expected trend for today: Bullish