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Litecoin has recently caused a bit of a stir. The 30-minute candlestick chart shows a direct explosion in trading volume, surging by 111.5%. Such a sudden increase in trading volume is often not a joke.
Currently, the price is hovering around 77.08 USDT, with the key support level just holding at 76.71, less than 1 hour away from the candlestick baseline, only 0.35%. Looking further down, the entire support zone extends from 75.18 to 76.71, making this area quite solid.
What does abnormal volume expansion usually indicate? It often signals that the market is about to start moving. Litecoin is now approaching support, and this level is worth paying attention to. If you have ideas, you can consider positioning long near 76.71. With such volume performance, the subsequent trend should show some movement. Just keep a close eye on the follow-up developments.