$LTC – BEARISH RETEST IN PLAY, SHORT TRADE STILL VALID
STRONG DUMP FROM $110.50. WEAK CONSOLIDATION.
$LTC faced a sharp rejection from $110.50 and dropped aggressively to $104.06 before attempting a weak bounce. The current price action is forming lower highs and struggling below the $106.50–$107 zone, suggesting a bearish retest setup. Momentum favors continuation unless bulls reclaim key resistance.
SHORT ENTRY: $105.22
TARGETS: $103.80 / $102.50
STOP LOSS: $106.60
Expect sellers to stay in control unless price flips $107 with strong volume.
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