$LTC /USDT – BEARISH PRESSURE DOMINATES, NEXT SUPPORT TEST LIKELY ⚠️
Litecoin ($LTC C) is showing strong bearish momentum after failing to sustain above $101, dropping over -8% in the last 24 hours. Sellers are in control, pushing the price toward key support zones. Short-term traders should expect continued downside pressure unless LTC reclaims the $95–$96 range.
🔹Trade Setup
Entry Zone (Short): $92.50 – $93.50
Take Profit 1: $89.00
Take Profit 2: $85.00
Stop Loss: $96.00
📊 Market Outlook
Momentum indicators reflect strong selling pressure, with RSI near 35 and MACD trending negative. LTC is testing the critical $89–$90 support. If this level breaks, the path toward $85 and $80 opens. Bulls need to reclaim $95–$96 to stabilize the trend. Trend remains clearly bearish until significant resistance is broken.
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