$LTO
USDT BEARISH CONSOLIDATION – SELL PRESSURE STILL STRONG 🔻
$LTOUSDT is showing a tight bearish consolidation on the 15m timeframe, with repeated rejection from minor resistances and a failure to hold higher levels, indicating continued selling pressure in the market.
🔑 Key Levels:
Support: $0.0130 (critical immediate support), $0.0125 (next major support)
Resistance: $0.0140 and $0.0150
Current Price: $0.0136
📉 Trade Setup (Short Entry):
Entry Zone: $0.0135 – $0.0140
Take Profits:
TP1: $0.0130
TP2: $0.0125
TP3: $0.0120
Stop Loss: $0.0145 (above resistance cluster)
🌐 Short Market Outlook: The trend remains bearish with lower highs and lower lows dominating the 15m chart. Price action is struggling to break above the $0.0140 resistance, suggesting sellers remain in control until a strong bullish reversal candle appears above $0.0145.
⚠️ Risk Management: Maintain strict stop loss discipline to avoid sudden reversal losses. Risk only 1-2% per trade and ensure position sizing aligns with your overall capital strategy.
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