Litecoin (LTC) has recently approached a long-standing upward trendline, drawing market attention to its short-term price action. Analysts believe that if this key level is broken, LTC may return to its previous consolidation range, potentially increasing selling pressure.

$45.90 becomes a short-term dividing line

The article analyzes that if Litecoin closes below $45.90, the current trend will show signs of weakening. This means that the price may break away from the current upward structure and return to its previous trading range.

In this scenario, market sentiment may become even more cautious, and some funds may choose to exit the market, thereby amplifying downward pressure.

$43 is the next support level.

Below $45.90, $43 is considered the next major support level. If this level is breached, analysts predict that Litecoin may experience a more significant pullback.

The article indicates that the next target area is $35, meaning that if the support level is broken repeatedly, the price of LTC may face further downside potential.

The analysis mentioned bearish patterns.

The analysis also mentions that if prices fall back, it will confirm a bearish pattern in the Wyckoff method, namely the "failed upward move after allocation" signal. This pattern is typically used to describe a price attempt to rise that fails to hold and then reverts to a bearish trend.

The article's core information focuses on several key price levels: $45.90 determines whether the short-term structure weakens, $43 determines whether it opens up more downside potential, and $35 is the potential downside target given by the analysis.