#LTCUSDT : Bearish Pressure Mounting - Short Opportunity! 📉🔥
Current Price: $87.99 (-2.08%)
Trend: Strong Downtrend (MACD accelerating, price below key moving averages).
Key Resistance: 89.08 (Middle Bollinger Band) → Prime Short Zone
Trade Strategy
1. Entry (Short):88.80–89.00
- Why? Retest of middle Bollinger Band + rejection confluence (MACD/Stochastic RSI bearish).
2. Targets:
- TP1: 87.21 (Lower Bollinger Band)
- TP2: 86.50 (Below 24h low for liquidity sweep).
3. Stop Loss:90.40 (above 24h high).
4. Position Size: 2–3% risk (volatility-adjusted).
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Why Bearish?
- 📉 MACD Crash: -0.14 & widening → strongest bear momentum in days.
- 📊 Sentiment Trap: 76.25% long accounts → extreme liquidation risk if price dips further.
- 🚨 Volume Confirms: Rising volume (50.7K vs 36.2K MA) + weak OBV (254K) signals seller dominance.
- 🔻 No Bullish Divergence: RSI(6) at 38.74 (not oversold) + Williams %R (-72.12) shows room for downside.
Surety Rate: 80% (Strong technical resistance + bearish alignment).
#LTC #ShortSqueeze #CryptoAlert #Bearish
Disclaimer: Watch for dead-cat bounces at $88.80 – wait for rejection confirmation! ⚠️