$LTC /USDT BEARISH BREAKDOWN UNDERWAY 🔻 | SHORT TRADE SETUP
📉 Current Price: $87.74
📈 24h High: $92.29
📉 24h Low: $87.02
📊 24h Volume (LTC): 607,923.43
💰 24h Volume (USDT): $54.72M
📉 24h Change: -3.87%
🔍 TECHNICAL ANALYSIS
LTC has been rejected hard from $92+, forming a sharp reversal and now testing immediate support near $87. The price has broken below key short-term support at $90 and is continuing to show bearish pressure with increasing volume.
Unless LTC quickly reclaims $90+, the current structure supports a bearish continuation to lower demand zones.
🔑 KEY LEVELS TO WATCH
Resistance:
🔺 $90.00 – Recently broken support
🔺 $92.00 – Major rejection zone
Support:
🟢 $87.00 – Immediate support (being tested)
🟢 $84.00 – Next major support zone
🟢 $80.00 – Strong historical support
🧨 SHORT TRADE SETUP
Entry Zone: $87.70 – $88.30
Target 1: $87.00
Target 2: $84.00
Target 3 (Extended): $80.00
Stop-Loss: $90.20
🛡 RISK MANAGEMENT
Risk only 1%–2% of total capital
Always use a hard stop-loss to protect capital
Aim for 1:2 or better risk-to-reward ratio
Watch for trend reversal signals if LTC reclaims $90+
📌 SUMMARY:
LTC is in a clear corrective move after rejection at $92. A break below $87 could open up room for further downside toward $84 and $80. As long as it stays below $90, bears remain in control.
> Protect your capital first. Let setups come to you. Not financial advice.
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