🟥 $LTC
USDT SHORT TRADE SIGNAL 🔻 | BEARS TAKING CONTROL – PRICE LIKELY TO DROP SOON
Litecoin is showing clear bearish momentum after rejection from the resistance zone near $86.80-$87.00. Currently trading at $86.34, it has formed a strong lower high structure indicating sellers are dominating. If price holds below the highlighted resistance, we can expect further downside movement towards key support levels.
🔴 Key Levels:
Resistance: $86.80 – $87.00
Support: $85.00 – $84.80
Current Price: $86.34
💥 Trade Setup (Short):
Entry Zone: $86.30 – $86.50
Targets:
TP1: $85.50
TP2: $85.00
TP3: $84.80
Stop Loss: $86.90
📉 Market Outlook: Bearish momentum is strengthening as price fails to break above resistance. If selling pressure continues, it may test the lower support zone around $85.00 - $84.80 in coming sessions. Wait for confirmation on lower timeframes for better entries.
⚠️ Risk Management: Always use stop loss to protect capital. Risk only 1-2% of your account per trade to stay in the game long-term.
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buy and trade here on $LTC
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