$LTC /USDT short trade signal 🛑
BEARS DRIVE PRICE TOWARD DEEPER SUPPORTS 📉
Litecoin has broken down from the 122.00–122.90 resistance zone, extending its bearish momentum. Price is now holding near 119.90, just above immediate support. A failure to reclaim 121.00 could trigger further downside toward the 117.00 region as selling pressure remains strong.
Trade Setup (Short):
Entry Zone: 120.00 – 121.00
Take Profit 1: 118.28
Take Profit 2: 117.14
Stop Loss: 122.89
Market Outlook:
Momentum favors sellers as each rally attempt is being rejected. A decisive break below 118.20 will likely open the way for deeper retracements, while only a close above 122.90 would invalidate the short bias.
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