$LTC

USDT BEARISH BREAKDOWN – PRICE TESTING CRUCIAL SUPPORT!

Litecoin is showing clear bearish momentum as it continues to push downwards. The current price is $85.33, near its 24h low of $85.28, indicating strong sell pressure.

🔑 Key Levels:

Resistance: $88.50

Support: $85.00 (immediate), if broken next major support is around $83.20

Current Price: $85.33

🎯 Trade Setup (Short Entry):

Entry Zone: $85.20 – $85.50

Targets (TP):

TP1: $84.50

TP2: $83.80

Stop Loss (SL): $86.20

📉 Market Outlook: The chart reflects continuous lower highs with aggressive red candles breaking through minor supports. If $85.00 fails to hold, bears may accelerate towards the next demand zone near $83.20.

⚠️ Risk Management: Always risk 1-2% of your capital per trade to preserve long-term profitability. Wait for confirmed candle close below $85.00 for stronger entry conviction.

💡 Comment 🟥 if you are shorting LTC today!

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