$LTC /USDT BEARISH REJECTION FROM RESISTANCE — SHORT OPPORTUNITY ACTIVATED
$LTC /USDT faced a strong rejection from the key resistance zone near 99.55, forming multiple wicks and bearish candles. Price failed to hold above this critical area and is now pulling back, signaling short-term weakness and a potential retracement to lower support levels.
Trade Setup:
Short Entry: 98.83
Take Profit (TP): 97.72
Stop Loss (SL): 99.55
Market Outlook:
Litecoin is showing signs of exhaustion after testing the resistance zone repeatedly. If momentum stays bearish, price could revisit the previous demand zone around 97.70. Volume is tapering, hinting at seller control in the near term.
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