$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.

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