$LTC /USDT BEARISH MOVE CONFIRMED — SHORT SETUP BELOW!
Litecoin is showing clear bearish pressure as price breaks down from intraday support levels. The rejection from recent highs signals potential downside ahead. Let's break it down
Current Price: $92.83
Resistance Levels: $94.50 / $96.00
Support Levels: $92.40 (minor) → $90.00 (major) → $88.20 (key swing
TECHNICAL BREAKDOWN:
🔸 Price has formed a lower high around $97.99 and is now rejecting lower support zones.
🔸 15m–1H candles show consistent selling volume — no strong reversal signals yet.
🔸 If $92.40 breaks, bears may target $90.00 quickly.
TRADE SETUP: SHORT ENTRY
Entry: $92.80 – $93.20
Targets (TP):
• TP1: $90.00
• TP2: $88.20
• TP3 (extended): $85.50
Stop Loss (SL): $94.60
Timeframe: Ideal for intraday to 1D swing traders.
RISK MANAGEMENT:
Risk 1-2% max per trade.
Adjust position size to match stop-loss range. Stick to the plan — don't chase the move!
Trade smart, not emotional! Watch price action near $92.40 for confirmation.
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