Litecoin (LTC) has shown remarkable performance recently, currently retesting the important support area around 100 to 105 USD on the weekly chart. This range was previously a resistance level and may now turn into support, becoming a key reversal area for LTC's price movement.

As of now, the trading price of LTC hovers around $109. It is worth noting that Litecoin has recently successfully broken through a long-standing downtrend line, and this breakout has injected new vitality into the market.

If LTC can stabilize and rebound successfully in the current support area, it will further validate the effectiveness of the previous breakout. In this case, we may see a significant increase in LTC's price. In the short term, the range of $120 to $130 may become the primary target area. If market sentiment continues to improve, breaking through the $150 mark is also not impossible.

However, investors should remain cautious. The cryptocurrency market has always been highly volatile, and price movements are influenced by various factors. Although the technical indicators show positive signals, changes in the external environment and shifts in market sentiment can significantly impact the LTC price.

Overall, Litecoin is currently in a critical technical position, and its subsequent trends are worth close attention from market participants. Whether it is a potential upward breakout or a possible downward correction, both could present significant opportunities for traders.