**šØ Litecoin (
$LTC ) Alert: Bearish Breakdown Imminent! Is the Rally Over? šØ**
**š Price Action Analysis:**
#Litecoin is showing clear signs of exhaustion after multiple rejections near the **$80 resistance zone**. The **1-hour chart** reveals a bearish structure with **lower highs** and a steady decline toward **$77.20**.
**š Current Market Snapshot:**
š¹ **Price:** **$77.80** (-0.28%)
š¹ **24H Range:** **$77.26 (Low) ā $79.63 (High)**
š¹ **Volume:** **379.36K LTC** (Declining interest)
š¹ **RSI(6):** **37.66** (Bearish momentum building)
š¹ **Stoch RSI:** **Oversold, but no reversal signals yet**
*š Key Levels to Watch:**
ā
**Resistance:** **$79.20** ā **$80.10** (Strong sell zone)
š **Support:** **$77.25** (Immediate) ā **$76.00** (Breakdown trigger)
š» Bearish Short Setup (If Breakdown Confirmed):**
šÆ **Entry Zone:** **$77.80 ā $78.20** (On minor bounce)
šÆ **Take-Profit Targets:**
- **TP1:** **$77.25** (First support)
- **TP2:** **$76.00** (Breakdown acceleration)
- **TP3:** **$74.80** (Next major demand zone)
ā **Stop Loss:** **$79.30** (Above recent rejection)
š Market Sentiment & Predictions:**
- Litecoin's bulls are **losing control** as selling pressure increases.
- A **close below $77.20** on the **15-minute chart with volume** could confirm a **bearish breakdown**, leading to a **swift drop toward $76 or lower**.
- If **$76 breaks**, expect **further downside toward $74.80**.
*š” Pro Trader Tip:**
- Watch for **increased volume** on a breakdown below **$77.20**āthis could be your signal to **ride the downtrend**.
- If **$80 resistance flips to support**, the bearish thesis is **invalidated**, and a retest of **$82** becomes likely.
**ā ļø Final Warning:**
Litecoin's bulls are **on thin ice**ādonāt ignore the **bearish signals piling up!**
**
$LTC **
**78.75**
**+0.28%**
$LTC #Crypto #Trading #LTCUSD #BEARISHš #BreakdownAlert šš„