🔥 $LTC /USDT BEARISH REJECTION ALERT — SHORT SELLERS EYEING THE NEXT BREAKDOWN 🔥
LTC/USDT is showing a clean bearish rejection on the 4H chart after failing to sustain above the $57.30–$57.40 resistance zone, with price now trading near $55.77, down 2.41%. The structure suggests bull exhaustion, as multiple rejection candles appeared near the local top while price rolled over toward the daily low around $55.56. This kind of setup often signals weak momentum, fading buying pressure, and short-side continuation, especially when price stays below the mid-range and cannot reclaim resistance. If sellers keep control, LTC may extend its downside leg and trigger a sharper intraday flush. Traders should watch for rejection confirmation, lower-high formation, and momentum candles before executing.
Entry Zone: $55.70 – $56.10
Stop Loss: $56.90
TP1: $55.20
TP2: $54.60
TP3: $53.80
Trade Plan: Enter only after a weak retest or bearish candle confirmation near resistance. If price reclaims $56.90+ with strength, avoid the short bias.
