Litecoin has seen some intense trading volume these past couple of days, with the 30-minute candlestick volume directly surging by 68.2%. Such abnormal volume movements usually aren't a joke.

As of the time of writing, LTC is quoted at 79.07 USDT. From a technical perspective, the key support level on the 1-hour chart is at 77.68, which is only 0.69% away from the current price—really quite close. Approaching this support level often presents a good opportunity to go long—if the bottom can hold, a bullish rally could follow.

From a trading standpoint, you could consider setting long positions around 77.68, and take profits when the price rebounds to the resistance level at 80.73. Of course, a sharp increase in volume often hides some intent, indicating that market participants are increasing their positions, which often signals that a directional trend is about to begin. The next step is to watch every candlestick of LTC closely to see if it can break through this critical resistance point.