LTC 4H – Spike Pullback Into Horizontal Support and TrendlineLitecoin / TetherUSBINANCE:LTCUSDTBKVIPLTC on the 4H timeframe is currently trading around 49.77 after spiking from the rising trendline near 43.50–44.00 on August 21 and pushing to a high near 54.50–55.00 before pulling back sharply, with price now consolidating around the 48.00–49.00 horizontal support zone that held as a ceiling through the July range and has now been reclaimed as a floor. The chart shows a rising trendline originating from the late June low near 39.00–40.00, connecting the July 1 low near 41.25 and the August 14 touch near 43.50–44.00 before price broke aggressively higher. That trendline has supported every major low since late June without a single confirmed close below it and is now climbing into the 45.00–46.00 area, sitting well below current price. The 48.00 horizontal level capped the July 18–22 range as the ceiling across the mid-July consolidation and was broken on the August 21 spike before price pushed all the way to 54.50–55.00. The pullback from that high has been sharp, retracing from 54.50 through 52.00, 51.00, 50.00, and now holding just above the 48.00 horizontal. A secondary reference near 49.00–49.50 has emerged as a pivot within the current consolidation as price stalls in the 48.00–50.00 zone. The 48.00 horizontal has flipped from ceiling to floor following the breakout, and the rising trendline below near 45.00–46.00 provides a second layer of support beneath it, keeping the structure clearly bullish as long as both levels hold. Key Levels To Watch → 54.00–55.00 Spike high, major resistance above → 52.00–53.00 Prior consolidation zone, resistance → 50.00–51.00 Minor resistance, current range ceiling → 48.00–49.00 Horizontal support, current test → 45.00–46.00 Rising trendline, dynamic support (climbing) → 43.50–44.00 Prior trendline touch, secondary support → Below 41.25 Trendline breakdown, macro structure at risk A hold above 48.00–49.00 and a recovery back above 50.00–51.00 would confirm the breakout level as active support and reopen a move toward 52.00–53.00 and potentially a retest of the spike high near 54.00–55.00. A loss of 48.00 and a pullback toward the rising trendline near 45.00–46.00 would extend the correction but keep the macro structure intact as long as the trendline holds, with a confirmed close below it opening downside toward 43.50–44.00 and potentially 41.25. Spike pullback consolidating above broken horizontal resistance. Hold 48.00–49.00 → support confirmed, eyes on 52.00–55.00. Lose 48.00 → trendline near 45.00–46.00 next, lose that too and macro structure at risk. Bias bullish above rising trendline. Shift only on confirmed close below 45.00–46.00.