$LTC /USDT FACES STRONG REJECTION NEAR $98 — BEARISH PULLBACK UNDERWAY!
$LTC /USDT experienced a sharp rally toward the $98.35 level but was met with an aggressive rejection, causing a swift drop back to the $94.97 region. The 15-minute chart now reflects a bearish engulfing structure, hinting at potential further downside pressure unless price reclaims momentum above $96 quickly.
Trade Setup (SHORT):
Entry: $95.50 – $96.20
Take Profit: $93.50 / $92.00
Stop Loss: $97.30
Market Outlook:
Bearish momentum has emerged after a failed breakout attempt. Sellers are stepping in around key resistance, and price action suggests further correction is likely. A breakdown below $94.00 will reinforce bearish sentiment.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!