$LTC /USDT SHORT TRADE SIGNAL🔴 – REJECTION FROM LOCAL TOP AFTER RAPID SPIKE!
Litecoin just tapped $121.95 and instantly faced rejection with a strong upper wick, signaling exhaustion after a fast rally. Price is now forming a potential short scalp opportunity as it struggles to hold above $121. The sharp spike without follow-up volume hints at a trap move. Breakdown likely below $120.80.
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$ Short Trade Signal🔴
Entry point: $121.20 – $121.80
Stop Loss: $122.40
Take Profit:
TP1: $119.60
TP2: $118.30
TP3: $116.80
Margin: 2–3% of wallet
Leverage: 10x
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Short Outlook of Market:
Momentum shifted quickly after a rapid move to day highs. LTC looks overextended on 15-min chart, and a bearish engulfing setup may be forming. If $121.00 fails to hold as support, retracement to lower support zones becomes highly probable.
📉 Comment “👊” if you're catching this LTC fade early!