$LTC
/USDT BEARISH MOVE IN PLAY – REJECTION CONFIRMS DOWNSIDE PRESSURE!
Litecoin faces a strong rejection from the 89.80–90.00 resistance zone, forming lower highs and breaking below key support turned resistance. Price is now trading under previous demand, confirming a bearish structure with a clear lower high and breakdown candle. This opens room for further downside movement.
Trade Setup (Short):
Entry: 88.50
Take Profit: 86.70
Stop Loss: 89.85
Market Outlook:
The pair is maintaining a bearish structure with visible rejection wicks at resistance. If price retests 88.60–88.80 and fails, further sell-off towards the 86.60 zone is expected. Traders should watch for continuation signals on lower timeframes.
Command: Stay sharp, enter with confirmation, and manage your risk smartly!
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