Litecoin Rejection at Resistance – Bearish Setup Active
Litecoin (LTC/USDT) has clearly rejected the resistance zone around $112.50, confirming a bearish setup after failing to hold the bullish momentum. Price is now trading below the marked resistance and forming lower highs, signaling potential downside continuation. A short trade setup is in play with the following parameters:
Trade Setup:
• Entry: $111.85
• Stop Loss: $113.01
• Target: $109.29
If momentum continues, the price could test the support zone near $109. Stay alert for volume confirmation.
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