Daily Litecoin chart.
The price is in the range of the falling bar. In fact, this bar can be called the seller's bar.
Support, far below. And nothing prevents the price from falling. There are no buyers at that price.
This means there is a chance to go below the minimum formed by the bar on January 21.
In more detail, you can consider the junior half.
If interested, I can analyze the hourly chart.