$LTC /USDT – Breakdown Warning! Bears Taking Over! 🚨
Price: $77.69 (-1.17%)
Litecoin is losing steam after a failed breakout above $80. It’s now forming lower highs with increasing sell pressure. A clean short opportunity is setting up.
Key Levels:
• Resistance: $78.60 – $79.20
• Support: $76.40
• Breakdown Trigger: $77.40
Short Trade Setup:
• Entry Zone: $77.60 – $78.00
• Targets:
• TP1: $76.40
• TP2: $75.10
• TP3: $73.80
• Stop Loss: $79.20
Market Insight:
$LTC is showing a weak bounce and struggling to reclaim the $78.50 level. This is often a signal of distribution before a deeper retracement.
Pro Tip: Watch for a 15m candle close below $77.40 to confirm breakdown momentum. Perfect for day traders and aggressive scalpers.
Bears are gaining control — time to ride the dip with precision!
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