#LTC
$LTC /USDT Short Trading Signal 🚦🛑
Sell Setup - Sellers entering from the supply zone! 🚨
Litecoin faces resistance at the supply zone between $94.97 and $95.41 after a clear rejection and formation of a lower high on the 30-minute chart. The current price is hovering around $94.27, showing signs of weakness as it failed to reclaim the broken support that turned into resistance. A downward movement is likely to continue if this area is maintained.
Trading Setup: $LTC
Short Entry: $94.30 – $94.50
Take Profit (TP): $91.99
Stop Loss (SL): $95.60
Market Outlook:
The price is forming a lower high under resistance with an increase in selling volume. If the price remains below $94.97, momentum leans towards the bears, targeting support near $92. A break below $93.40 will confirm further bearish pressure.
Risk Management:
Use a tight stop loss as the price is close to a key decision area. Enter only with proper confirmation and controlled leverage.
Follow the Community
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This is your moment - enjoy the upward wave before it disappears $LTC