$LTC /USDT – Gears Up For a Bearish Move 📉🔻
Litecoin continues to follow a strong downtrend, with the chart forming clear Lower Highs (LH) and Lower Lows (LL) – a classic bearish structure.. 📉
Currently, price is approaching a critical bearish order block between $94.58 and $95.20, which is expected to act as a major resistance zone! 💥
Plan in Play 📌
Traders are watching closely for a rejection from this supply zone to confirm a short entry.
Entry: $93.58 🎯
Stop Loss: $95.22 (above the OB)📍
Take Profit: $93.06 ✅
Risk/Reward: 1:2.5 – high-probability setup‼️
If the price fails to break above the resistance and follows through with rejection, we could see a strong continuation downward, targeting the next lower level within the bearish channel. 💯
The bears are setting the stage — now it’s all about execution.