$LTC /USDT BEARISH REVERSAL FROM RESISTANCE ZONE — SHORT ENTRY OPPORTUNITY!
$LTC/USDT faced strong rejection near the 93.60–94.20 resistance area after a sharp pump, forming a lower high and indicating weakness at this critical supply zone. Price is currently trading at $92.60, and signs of a bearish reversal pattern are emerging on the 30m timeframe.
SHORT TRADE SETUP:
• Entry: $92.60 - $93.00 (on retest of rejection zone)
• Take Profit (TP): $87.10 and $86.28
• Stop Loss (SL): $94.26
MARKET OUTLOOK:
LTC has surged over 13% today, but now momentum is stalling under strong resistance. This rejection hints at potential downside correction unless bulls reclaim $94. If the price loses the $92 support base, we could see accelerated selling pressure toward the $87 range.
RISK MANAGEMENT:
Use proper position sizing. Risk only 2-5% of your capital per trade and respect the stop loss.
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