🔥 Litecoin’s 17% Comeback: Is This Just the Beginning of a Bigger Bull Run?

After an explosive 17% daily rebound, $LTC is back in the spotlight. The coin now trades near $101, just under the crucial $102 breakout zone — a level that could determine whether this rally evolves into a sustained uptrend.
The structure on the chart tells a clear story: Litecoin has been moving within a falling wedge pattern for months, compressing volatility before this breakout attempt. A decisive close above $102 could confirm a trend reversal, opening room for a powerful move toward $130 in the coming weeks.
📊 Indicators are backing the bulls:

- DMI shows buyer dominance with +DI at 24.76 vs -DI at 21.92.

- ADX at 26.41 signals rising trend strength.

- MACD crossover confirms bullish momentum and growing confidence.

While some profit-taking persists, the Spot Taker CVD suggests most selling is being absorbed — not rejected. That’s a healthy sign. The market isn’t collapsing under sell pressure; it’s consolidating strength.
Adding to the momentum, the Canary Litecoin ETFs are about to go live on NASDAQ, signaling institutional confidence in LTC’s long-term value.
If Litecoin can sustain above $102, expect acceleration toward $130 and a renewed bullish cycle. History shows LTC thrives on strong recoveries — and this setup looks like one of them.