$LTC /USDT short trade signal 🚦 🛑
BEARISH SETUP — MARKET LOSING GRIP BELOW RESISTANCE ZONE!
Litecoin faced rejection from the $105 resistance zone after a sharp upward spike, now showing signs of weakness. The price is forming a lower high just below key resistance, suggesting a potential short opportunity as the market structure turns bearish. A rejection candle has formed, pointing toward an incoming drop.
Trade Setup (Short):
Entry: $102.80
Take Profit: $99.00
Stop Loss: $105.20
Market Outlook:
LTC has failed to sustain momentum above the supply zone, and any bounce near $102.80 could invite more selling pressure. Bearish confirmation is supported by a potential drop toward previous support around $99.00. Risk-reward favors bears unless price breaks and closes above $105.
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