$LTC

/USDT VOLATILITY SPIKE FOLLOWED BY DUMP – BEARISH BIAS TAKING HOLD!

$LTC /USDT saw an aggressive wick up to $105.97 but failed to maintain momentum, quickly collapsing back to the $100 level. The 1H chart is showing a rejection pattern with lower highs forming, signaling increasing selling pressure in the current range.

Trade Setup (SHORT):

Entry Zone: $100.50 – $101.50

Target 1: $98.50

Target 2: $96.80

Stop Loss: $102.80

Market Outlook:

With bulls losing control after repeated rejection above $104 and a clean drop to sub-$100, momentum has clearly shifted in favor of bears. A retest of the $98.98 low looks likely unless price reclaims $102+ with volume.

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