$LTC /USDT – Bearish Momentum Builds Below Resistance
Litecoin is showing weakness after a clear rejection near $117.50. Short-term momentum is tilted to the downside, with sellers stepping in strongly.
Trade Setup (Short):
• Entry Zone: $117.20 – $117.40
• Target 1: $116.50
• Target 2: $115.80
• Target 3: $115.00
• Stop Loss: Hold until near $117.50 resistance (or SL above it)
Chart Insight:
The 5-min chart reveals strong downside momentum with volume confirming resistance pressure. If price fails to reclaim $117.50 soon, expect continuation lower. Short trades remain favorable unless bulls step in with size.
