$LTC /USDT MARKET REJECTION & BEARISH STRUCTURE STILL DOMINANT
#Litecoin has consistently formed lower highs since its $106.06 peak, confirming a major market structure shift. The breakdown from the $102.27ā$97.15 consolidation zone triggered aggressive sell pressure, sending LTC into a clear downtrend.
š Key Chart Highlights:
Major Highs: $106.06 ā $102.39 ā $102.27 ā $97.15
Consolidation Breakdown: Bearish momentum accelerated after failing to reclaim $97.15.
Current Structure: Price is trading between marked resistance and support zones, $LTC with the trend still biased downward unless $91 is broken convincingly.
š Support & Resistance
Resistance Zone: ~$90.80 ā $91.60
Support Zone: ~$86.20 ā $87.00
As long as $LTC remains under the resistance line and continues making lower highs, the overall structure favors bears. A breakdown below support could trigger another leg down.