$LTC /USDT – Rejection From $110, Bears Step In 💯
LTC attempted to break above $110.50 but failed, facing rejection and slipping back to the $105 zone. Selling pressure is building as buyers lose momentum near resistance.
SHORT Trade Setup • Entry: $105.50 – $106.20
• Stop Loss: Above $107.50
• Target 1: $103.80
• Target 2: $101.90
• Target 3: $99.50
Trade Insight:
LTC is forming lower highs with weakening upside pressure. If price stays below $107, a short position looks favorable. Watch for volume confirmation.
Pro Tip:
Protect gains with a trailing stop after TP1. Avoid shorting if price reclaims $108 with strength.