Litecoin Bounce Off Support Despite Whale Pullback
Litecoin don bounce for im trendline support da fifth time, wey dey reinforce key bullish signal as traders dey eye move go $150. But whale activity don drop, dat dey make trading volume reduce by 22%. Retail traders don enter, dem dey accumulate small buy orders under $1 million and dey maintain upward momentum. The small volume plus whale pullback fit limit how far any breakout rally fit go, especially for those critical resistance levels. Traders suppose dey watch Litecoin trading volume plus big holder behavior well well. If volume no rise steady and whale no show fresh interest, e fit take more effort for price to break past current ceiling.
Neutral
Di repeat bounce off di trendline support dey show say Litecoin get beta confidence for market, plus how people dey buy finish add pressure. But di 22% fall for trading volume and small movement from di big players (whales) don reduce how market money dey flow. For past times, low volume and less big player action don stop altcoins from breaking out, e dey make dem just move side-to-side or within small range. Short term, Litecoin fit just dey trade between support and resistance area as traders dey wait for volume to confirm. For long term, if big players start to buy again and volume increase, e go help break di $150 resistance and keep di rally strong pass how e be now.