LTC 8H – Trendline Bounce Leads to Breakout, Now Pulling Back InLitecoin / TetherUSBINANCE:LTCUSDTBKVIPLTC on the 8H timeframe is currently trading around 57.78 after a strong bounce off the rising trendline from the April lows that pushed price all the way to a new high near 60.00 before a sharp pullback. Price is now retracing back toward the 57.50–58.00 horizontal zone that acted as resistance multiple times throughout April and May, and has now flipped to potential support following the breakout above it. The rising trendline continues to climb well below current price and remains the macro floor of the entire structure. Key Levels To Watch 60.00 → Spike high, key resistance above 58.50 → Minor resistance, prior reaction zone 57.50–58.00 → Horizontal support, current retest zone 55.70–56.10 → Rising trendline support (dynamic, climbing) 54.90–55.30 → Secondary support below trendline Below 51.40 → Full structure breakdown The breakout above 57.50–58.00 was the key structural shift on this chart. Price broke through this level cleanly and pushed to 60.00 before the current pullback is now retesting the breakout zone. A hold above 57.50 on this retest would confirm the level as new support and set up a continuation toward 60.00 and beyond. A break back below 57.50 and loss of the breakout zone shifts focus to the rising trendline near 55.70–56.10 as the next key support. This is a breakout retest setup. Hold 57.50–58.00 → breakout confirmed, eyes on 60.00+. Lose 57.50 → retest fails, pullback toward trendline at 55.70–56.10. Structure bullish above rising trendline. Bias shifts only on loss of breakout zone and trendline breakdown.