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Analyst Eyes Litecoin at $150 as Key Level Nears Re-Test
Analysts identify $90 as the key support, with $60–$70 acting as a secondary downside support if pressure intensifies.
The midline near $120 remains a decision level, where reactions have repeatedly shaped short term direction.
Commentary from Rose and Master on X notes contrasting sentiment around potential rebounds and ongoing shakeouts.
Litecoin has pulled back from recent highs, yet the broader structure still shows an upward movement that analysts continue to monitor. The asset trades inside a rising parallel channel that has held price movement for several months
The lower region of that structure is near $90, a level tied to prior consolidation and notable buying interest. Analysts see that area as the first level where buyers could attempt to re-enter
Rose, who tracks the asset, said a “pump” could still emerge if the structure remains intact. That expectation depends on whether price respects the lower boundary instead of sliding into deeper levels.
Support Zones and Channel Outlook
The setup shows a clear separation between the primary and secondary support areas. The lower boundary around $90 remains the closest zone tied to renewed bids. Below that, the $60–$70 region is a historical accumulation pocket from late 2024, offering a secondary support if the first level breaks
Source: Rose on X
This spacing outlines where sentiment could shift depending on price behavior. The upper channel boundary aligns near $150, creating a possible target if strength returns. Between those markers, a dashed trendline sits around the midline near $120, acting as a decision point where reactions have formed before.
Analyst Outlook and Reaction Levels
According to the structure, a move toward $90 remains possible before any upward shift. That path would keep the trend intact and preserve current momentum. Rose’s view shows that scenario, with attention on whether Litecoin can rebound through mid-channel levels
Sustained trading above $100 would reinforce that momentum and potentially open the route toward $120 and then $150. However, failure to defend $90 could drag price toward the secondary zone. That outcome would not remove the wider channel but would change short-term expectations.
Broader Sentiment from the Market
Another viewpoint came from Master on X, who argued that larger holders may be attempting to force weaker participation out of positions. The commentary described ongoing shakeouts as part of a setup before a larger move
The post claimed “the biggest opportunity” is with Litecoin at present and referenced a move “right before face melt to $84k,” though no context clarified that figure. Despite the tone, the statement indicates the contrasting sentiment forming around the current pullback. Each reaction level now carries weight as the asset moves through the channel.
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