Litecoin is showing continued bearish pressure on the $LTC pair, currently trading around $53.65 after a 3.56% drop. The price recently touched a 24h low of $53.12, reflecting strong selling momentum.

On the 1H chart, LTC remains below key moving averages (MA7, MA14, MA28), signaling short-term weakness and limited bullish strength. Unless buyers reclaim the $54–$55 zone, the market may continue consolidating near support.
For now, $53.12 acts as the key support, while $55+ remains the resistance level to watch. Traders should stay cautious as volatility around this range could decide the next move.