Litecoin price tested 33.20 level and keeps its stability below it, to start bouncing bearishly now, supported by the negativity that appears clearly on Stochastic, waiting for more decline in the upcoming sessions, which targets 31.10 followed by 29.45 levels as next main station.
Therefore, we will keep our bearish overview unless breaching 33.20 level and holding with a daily close above it.
Expected trading range for today is between 29.00 support and 34.00 resistance
Expected trend for today: Bearish