LTC Coils at $48.62: Breakout or Rejection Ahead?

Litecoin (LTC) is at a critical juncture as it cools around $48.62, with smart money 75% net long and open interest expanding quietly.

The moving average stack shows price sitting above both the 50-day ($46.64) and 20-day ($48.01) averages, indicating the intermediate trend hasn't broken, but the 200-day SMA at $50.53 hangs directly above, creating tension.

Momentum has gone silent, with a flat zero on the MACD histogram, indicating exhaustion rather than neutrality, and RSI at 53 suggests the market is waiting for a catalyst to define itself.

The Bollinger Bands show price compressed between $41.88 and $54.15, which typically resolves quickly.