LTCUSD approaching support, potential bounce!

LTCUSD is approaching our first support at 29.53 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 34.58 (horizontal swing high resistance, 100% fibonacci extension , 76.4% fibonacci retracement ).
RSI (34) is also approaching our support where we might see a corresponding bounce in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.