$LTC /USDT BEARISH SETUP
Litecoin is under selling pressure after failing to hold above $124, now trading at $121.31 (-2.34%), sitting below key moving averages and testing critical short-term support.
🔹 Key Levels:
Resistance 1: $121.94 (MA7)
Resistance 2: $124.13 (MA25)
Support 1: $120.67 (24h Low)
Support 2: $120.29
Trade Setup (Short Entry):
Entry: $121.20 – $121.80
Targets (TP):
TP1: $120.60
TP2: $119.80
TP3: $118.50
Stop Loss (SL): $122.50
⚠ Risk Management:
Limit risk to 1–2% per trade, use a fixed SL to prevent large losses, and avoid chasing the price after major moves.
#BTCOvertakesAmazon #BTCReclaims120K #ETH4500Next? #CryptoIn401k #Write2Earn $LTC