$LTC /USDT short trade signal 🚦 🛑
BEARISH SETUP: LOWER HIGH CONFIRMS DOWNTREND CONTINUATION
Litecoin has formed a clean lower high rejection just below the $83 resistance zone, confirming strong selling pressure. The price is struggling to reclaim the previous support-turned-resistance and is now poised for another bearish leg downward.
Trade Setup:
Entry: $82.80 - $82.60
Take-Profit (TP): $80.10
Stop-Loss (SL): $84.40
Market Outlook:
The bearish structure remains intact, and volume confirmation on recent candles supports downside momentum. As long as price remains below $83, sellers are likely to remain in control. Watch for continuation patterns and protect capital with tight SL.
Pro Tip: Wait for a 15m candle rejection at $82.80 before entering for more confirmation.
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buy and trade here on $LTC