$LTC – BEARISH DIVERGENCE BREWING BELOW RESISTANCE! TREND STALLING?
Litecoin just failed to hold above the $110.28 high, forming a potential double top as selling pressure kicks in. The 1H chart shows several rejection wicks and weakening momentum around the $110 zone — a clear sign that bulls are losing steam.
If price drops below $108.90 support, it could trigger a retracement toward $107.00 and $105.20. Watch closely — this stall below resistance could evolve into a short-term reversal.
📉 Bearish Outlook: – Rejection Zone: $110.28
– Breakdown Trigger: $108.90
– Targets: $107.00 → $105.20
– Invalidated if: Price breaks and holds above $110.60
Caution advised — trend exhaustion visible on lower timeframes.