$LTC /USDT short tread signal 🛑🚦
BEARISH BREAKDOWN – BOUNCE MAY BE SHORT-LIVED!
$LTC dropped sharply from the $89.13 resistance, bottoming at $81.95 before attempting a small bounce. The recovery is struggling below $84.75, with weak bullish candles forming lower highs. Unless volume spikes and price breaks back above $86.00, this is likely a relief rally within a broader bearish trend.
Trade Setup (SHORT):
Entry: $84.50 – $85.20
Target 1: $82.00
Target 2: $80.00
Stop Loss: $86.00
Why Short?
The recent rally failed to reclaim lost support levels, and the current rejection from $84.75 indicates fading buyer strength. The structure suggests a bearish continuation if $83.00 breaks again. Momentum remains weak, and lower highs are forming.
Risk Management Tip:
If entering a short, trail your stop above $86.00 in case of fakeouts. Never short without confirmation — watch 15m rejection signals for entry.
Don’t let this bounce fool you — sell the lower high, ride the next drop!
Ride the momentum before it fades — profits favor the fearless!
buy and tread here on $LTC