Litecoin price analysis (Bullish) — 100.76 USDT (+3.58% 24h)

LTCUSDT is showing constructive price action, trading at $100.76 with a solid 3.58% gain over the past 24 hours. The current price sits above both the 20-day SMA ($99.80) and 50-day SMA ($98.00), indicating underlying bullish momentum. However, caution is warranted as the RSI reading of 69.58 approaches overbought territory, suggesting potential near-term consolidation. The 24-hour volume of $42.4 million demonstrates healthy participation, while volatility remains manageable at 2.7%. Traders should consider scaling into long positions on any pullbacks toward the $99 support level, with stops below $97.50. For existing positions, partial profit-taking around $102-103 could be prudent given the elevated RSI. The overall structure remains positive, but the market needs to digest recent gains before the next significant move.