Litecoin is approaching a significant resistance level between $107 and $110, with bullish signals from whale accumulation, exchange outflows, and a confirmed double bottom pattern suggesting potential for a breakout. A successful breach could target $130, representing a 24% increase. However, this resistance might provoke selling pressure from addresses at near breakeven, which could stall upward momentum. The derivatives market shows strong bullish sentiment with high funding rates, but such extremes may trigger corrections if resistance is not broken. Whale holdings have increased by 5.44% over the past month, indicating confidence among large investors, while retail holdings rose slightly. Net outflows of $3.55 million from exchanges suggest reduced supply and increased investor confidence. The outlook remains bullish if Litecoin can convert the $110 level into support, with ongoing whale activity and technical indicators favoring potential gains.