🚨 Is the end of the bounce at $LTC approaching? A fierce downward test threatens the path! ⚠️📉
After a swift rise towards $110.50, Litecoin faced steel resistance and slid sharply to $104.06. It is now struggling below $107, in a gray area between rescue and collapse.
🔻 The signals are clear:
• Lower highs are forming – continuous selling pressure
• Weak accumulation below key resistance
• Volume does not support the bounce so far
🎯 Sell trade setup:
• Entry: $105.22
• Targets: $103.80 / $102.50
• Stop loss: $106.60
⚠️ No room for confusion: If the bulls do not regain control above $107 with strong volume, the next downward wave could be faster and sharper.
📌 Keep a close watch. The next move could determine LTC's direction for the coming weeks!
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