Litecoin Intraday Charts May Offer Fresh Scalp Plays

Key Insights:

• Litecoin defends $112 daily support as traders monitor $123 intraday level for fresh scalp opportunities.
• Swing trade idea marks $106–$108 demand zone with upside potential toward $124–$140 if support holds.
• RSI near 46 signals weak momentum, while BBTrend cooling suggests fading bullish pressure in Litecoin.

Litecoin (LTC) closed slightly bearish on the daily timeframe, but most of the decline was quickly recovered. The asset continues to hold above its previous resistance, now acting as support. 

According to CRYPTOWZRD, 

“$LTC closed slightly bearish. However, most of the decline recovered very quickly. I will pay more attention to the intraday chart tomorrow to get a quick scalp opportunity.”

The main daily support is seen at $112, with upside targets placed near $140 if momentum resumes. Despite the indecisive daily candle, buyers defended critical levels after recent volatility driven by Bitcoin’s sharp swings, preventing deeper losses for Litecoin.

Intraday Levels Offer Scalp Opportunities

On the intraday chart, Litecoin is trading near $120.60, identified as a short-term support zone. Market action has been volatile, partly due to rotation from Bitcoin into Ethereum. A breakout above $123.00 could open the way for a move toward $126.00 and higher. If the asset holds below that level, price may consolidate sideways instead.

Traders are monitoring the intraday chart for quick scalp opportunities, as short-term levels continue to provide clearer signals. Holding above the $112 daily support while reclaiming $123 intraday could set the stage for renewed momentum in the near term.

Swing Trade Setup Points to Key Demand Zone

Aleex Minimal shared a swing trade idea focused on a support zone between $106–$108. This area is marked as the main demand region for potential entries. A retest of this zone, combined with support from the EMA cluster around $115, could provide buyers with a base for another rally.

Minimal noted that the divergence flow indicators suggest a possible bullish divergence, strengthening the case for a rebound if the zone holds. A move higher could target $124–$140, while losing this support would shift focus to the $102 area or lower.

Momentum Indicators Reflect Weaker Strength

At press time, Litecoin was priced at $113.85, with a 24-hour trading volume of $807 million. The token has declined 5% in the last 24 hours and 3% over the past week.

The RSI (14) is at 46.84, below its moving average of 54.66, showing momentum has turned bearish-to-neutral. The BBTrend sits at 15.00, still positive but down from earlier levels, suggesting fading bullish pressure. Overall, Litecoin is consolidating with support at $110–$112 remaining critical for short-term direction.