$LTC /USDT SHORT TRADE SIGNAL – REJECTION FROM KEY RESISTANCE ZONE!
Litecoin faced strong rejection near the $90.40 level after multiple attempts to reclaim it. The 15-minute chart shows consistent lower highs and sharp red candles taking control, confirming bearish momentum. Price is now hovering around $89.13 — a break below $88.80 could open the next wave down.
Trade Setup (SHORT):
Entry Price: $89.10 – $89.40
Target 1: $88.20
Target 2: $87.40
Stop Loss: $90.45
Why Short?
The purple zone around $90.40 acted as solid resistance, with multiple wick rejections and immediate sell pressure. The current pattern forms a descending channel with volume increasing on red candles — a clear sign that bears are pressing the momentum.
Risk Management Tip:
If price flips $90.50 into support with volume, exit the short. Use tight SL and adjust according to market volatility.
The trend turned red — don’t fight it, follow it. Catch the move early and ride it down!
Weak rallies lead to strong drops — stay ahead of the breakdown!
#LTCUSDT #Litecoin #ShortSetup #BearishRejection #CryptoTrade
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!