Solana (SOL) has seen modest gains of 3%, maintaining consolidation near 150 USD, while Litecoin (LTC) is looking to recover critical resistance levels of 90 USD and 95 USD as it develops an ascending triangle pattern.
Despite a slight market recovery, SOL’s funding rates show rising short positions, indicating investor caution. Increased inflows in the exchanges suggest a higher selling activity in the spot market as SOL’s price remains under pressure.
LTC needs to reclaim the 90 USD psychological level to gather bullish momentum. If it surpasses 95 USD, a major recovery may be initiated, but caution is advised given potential overbought conditions indicated by the Stochastic Oscillator.
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