$LTC /USDT Bearish Rejection at Resistance
Price faced heavy sell pressure near $112.50, printing a strong bearish engulfing candle on the 15-min chart. The sharp rejection hints at a local top, with momentum shifting to the downside.
š» Short Setup:
ā¢ Entry: 109.80 ā 110.25
ā¢ TP1: 104.21
ā¢ TP2: 102.00
ā¢ SL: 112.52
ā¢ Leverage: 10x
ā¢ Risk: 2ā3% of wallet
š Market View:
After a solid pump, $LTC is now struggling at resistance. As long as price stays below 110.25, short-term bears are in control. Watch for further downside if volume increases on red candles.
