Looks like $LTC ‌ is finally trying to breathe again after that insane wick to 45.

The recovery on the hourly is actually decent. We've climbed back into the 54 zone and the buyers are definitely showing up to defend this area.

That 45.07 level was a massive liquidity grab and since then the trend has flipped more bullish in the short term.
Right now it’s hitting a bit of a ceiling around 56.

If we can break through that resistance with some volume, we might see a run back toward 59 or 60.

Otherwise expect some sideways movement while it builds strength. I’m keeping a close eye on the order book because the bid side looks slightly heavier right now.

#Web3FebruaryFocus