$LTC /USDT short trade signal 🚦 🛑
BEARISH SETUP – REJECTION FROM SUPPLY ZONE COULD TRIGGER DROP!
Litecoin is facing consistent resistance around the $104.50 zone, with multiple rejections confirming bearish pressure. Price has broken below short-term support near $103 and is now retesting it as resistance, indicating a potential continuation downward. Volume remains weak on bullish attempts, adding weight to the bearish outlook.
Trade Setup:
Short Entry: $103.50 - $103.80
Take Profit (TP): $101.10
Stop Loss (SL): $104.60
Market Outlook:
A clean breakdown below the $103 zone flips the structure bearish, with downside momentum likely pushing toward the $101 mark. Watch for a strong candle close below $102.90 for confirmation.
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