$LTC /USDT BEARISH REJECTION FROM LOCAL RESISTANCE – SHORT OPPORTUNITY ACTIVE!
$LTC has faced a clear rejection at the $85.88 resistance zone on the 15-minute chart, forming a bearish pattern after an overextended rally. Price action is now showing signs of exhaustion, making it ideal for a short-term correction setup.
Trade Setup: Short Trade Signal
Entry: $85.57
Take Profit (TP): $85.30 / $85.00 / $84.48
Stop Loss (SL): $85.88
Market Outlook:
With momentum weakening and rejection from the intraday top, LTC may pull back towards the highlighted demand zone around $84.48. Volume divergence adds to the bearish case. Risk is limited with a tight SL just above the wick high.
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