$LTC USDT SHORT TRADE SIGNAL š¦ š
BEARISH REVERSAL TRIGGERED AFTER SHARP REJECTION š»ā ļø
$LTC just broke below key support at $116.50 after a failed retest of the $118.40 resistance zone. This rejection is backed by strong downside candles and volume shift, confirming a bearish reversal on the 15m chart. Momentum is clearly flipping bearish ā expect continuation toward lower zones if price sustains below the broken structure.
š Trade Setup (Short Position)
ā¢ Entry Zone: $116.30 ā $116.50
ā¢ Take Profit 1: $112.50
ā¢ Take Profit 2: $111.80
ā¢ Stop Loss: $118.45
ā¢ Leverage: 10x
ā¢ Risk Allocation: 2ā3% of wallet
š Market Outlook:
LTC is printing lower highs after a parabolic move, signaling exhaustion. As long as it stays under $116.80ā$117, the bearish structure remains intact. Watch for increased selling pressure as the market tests the $115 zone.
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buy and trade here on $LTC