$LTC USDT – SHORT TRADE SIGNAL AS BEARISH REJECTION CONFIRMED
REJECTION AT $121.27 WITH LOWER HIGHS
PRICE FAILS TO HOLD ABOVE $120.60 ZONE
Litecoin faces resistance near $121.27 and is now forming lower highs on the 15m chart, signaling potential short-term downside. After a strong push from $117.37, price failed to maintain momentum above key resistance and is now testing minor support at $119.90. A breakdown could trigger further downside.
Trade Setup:
Short Entry: $119.80
Take Profit: $118.50 / $117.30
Stop Loss: $121.30
Market Outlook:
Momentum weakening; risk of deeper retrace unless price reclaims $121+.
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