$LTC Rejection Zone Hit Bears May Step In Now....

$LTC spiked to $129.16 but quickly faced strong selling pressure, now pulling back to $124.17. The 1-hour chart shows a sharp bearish candle after a parabolic move, suggesting a possible short-term reversal or correction phase.

Short Trade Setup

Entry Zone: $124.00 – $125.50

Stop Loss: $127.20

Target 1: $121.50

Target 2: $118.80

Target 3: $115.60

If price fails to reclaim the $126–$127 zone, a deeper pullback could follow. Momentum is shifting, and sellers are gaining ground — watch for further confirmation near $123.