$LTC /USDT – BEARISH REVERSAL FROM SUPPLY ZONE
#Litecoin has surged into a major supply zone near $124.13, facing strong resistance from previous price reactions. The sharp bullish push from the $120.75 low has lost momentum, with rejection wicks signaling possible seller dominance ahead.
Trade Setup (Short):
Entry: 122.60 – 123.00
Take Profit 1: 120.97
Take Profit 2: 119.02
Stop Loss: 124.20
Market Outlook:
Momentum is shifting as price approaches resistance with decreasing bullish volume. A break below 122.00 could confirm a deeper pullback toward $119. Weak buying interest above 124 keeps the short-term bias bearish.