$LTC /USDT – Breakdown in Progress! Short Opportunity Below $99 🚨
Current Price: $98.28 (-2.93%)
Litecoin is under pressure, forming lower highs and lower lows after rejection near the $102 resistance. Bears are gaining control.
Key Levels:
Resistance: $100.50 – $102.20
Support: $97.30
Breakdown Trigger: Below $98.00
Short Trade Setup:
Entry Zone: $98.20 – $98.70
TP1: $97.35
TP2: $96.00
Stop Loss: $99.60
Market Insight:
The bearish momentum is increasing as price continues to push down despite brief bullish attempts. The 24H low is being retested again.
Pro Tip:
If $97.30 breaks with volume, expect further downside acceleration.
Bears in control — time to ride the short wave!
$LTC
LTCUSDT
98.29
-2.44%
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