LTC: Final Compression Before the Break - Major Wedge Ending

Litecoin is trading inside a clean falling wedge after multiple rejections from the macro trendline visible on the weekly chart. Price is now squeezing toward the apex with momentum flattening out.

Key notes:
• Bullish scenario: A breakout above the wedge resistance + reclaim of 85–87 opens room toward 113.70 and later the macro resistance at 120.
• Bearish scenario: Losing the lower wedge line + breakdown from 79–80 can send LTC toward 54–49 demand.

Reasons this level matters:
• The wedge has 60+ days of compression
• Weekly multi-year trendline shows confluence
• Local liquidity pools positioned right above current price
• Multiple reaction wicks signaling absorption

Watching the reaction at 79–82 will reveal the next wave: strong bounce = bullish continuation, weak retest = deeper correction.