$LTC /USDT short trade signal 🚦 🛑
BEARISH RETEST IN PLAY — PRICE FACING REJECTION AT SUPPLY ZONE!
Litecoin is currently trading at $102.02 and has bounced into a key resistance zone after a sharp drop. The price action shows signs of weakness below $102.30, indicating a possible bearish continuation. Sellers are defending the supply zone aggressively, and any failure to reclaim it could lead to a clean rejection move toward the demand zone near $98.30.
Trade Setup:
Short Entry: $102.20 – $102.50
Take Profit (TP): $98.30
Stop Loss (SL): $104.30
Market Outlook:
If $LTC fails to reclaim the $102.50 zone with strong bullish candles, the downside is likely to resume. Bears are in control unless a breakout above the rejection area invalidates the setup.
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