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A short trading signal for USDT has been detected!🔴
$LTC /USDT rebounded today but is struggling to reclaim the $92 area after reaching a high of $92.29. With recent lower highs and rejection at resistance, this looks ready for a short pullback if Bitcoin remains steady or weak.
Entry:
Short area: $89.50 – $91.50 (wait for a breakout failure or a bearish rejection wick near $92)
Targets:
1. $87.00 — retest of the recent daily support
2. $85.50 — break lower and extension towards the previous lower range
3. $83.00 — aggressive final target if broader market weakness continues
Stop loss:
$93.20 (above recent high)
Key levels:
Resistance: $91.50 / $92.50
Support: $87.00 / $85.50
Pivot area: $89.00
Pro tip:
Look for an ascending wedge or confirmation of lower highs on the 15-30 minute chart near $91.50-$92. Manage risk closely as LTC can quickly follow BTC's movements. Adjust the stop loss to breakeven after reaching target 1.