$LTC USDT – BEARS STILL IN CONTROL AS PRICE STRUGGLES TO RECOVER
Litecoin has dropped sharply from $128.15 to $119.28, with only a weak rebound attempt failing to break above $120.50. Current price action suggests sellers remain dominant, and a further decline is likely if support fails again.
Trade Setup (Short)
Entry: 120.00 – 120.40
TP1: 119.30
TP2: 118.50
Stop Loss: 121.10
Market Outlook: The bearish trend remains intact as lower highs and persistent selling pressure dominate the 15m chart. A break below $119.28 could accelerate losses, while reclaiming $121.00 would be the first sign of a potential reversal.
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