$LTC
USDT BEARISH REVERSAL AFTER REJECTION FROM RESISTANCE ⚠️
Litecoin faced a strong rejection near the $88.80 resistance zone and is now showing clear bearish momentum with a sharp downside move.
🔑 Key Levels:
Resistance: $88.80 – major rejection zone.
Support: $84.20 – immediate demand area.
Current Price: $85.05
📊 Trade Setup (Short):
Entry: $85.00 - $85.20
Take Profit (TP): $84.20 and $84.00 for extended target
Stop Loss (SL): $88.80
💡 Market Outlook: Price broke down aggressively after failing to hold above the breakout retest zone. Bearish candles indicate selling pressure dominating while it heads towards the next support. If $84.20 breaks, deeper targets may activate.
⚠️ Risk Management: Maintain position sizing within 1-2% of portfolio risk per trade to handle volatility safely.
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buy and trade here on $LTC