$LTC USDT BEARS MAINTAIN CONTROL – PRICE STRUGGLES BELOW KEY RESISTANCE
LTC has dropped from the $121.52 high to test support at $118.44 and is now consolidating near $119.12. Price remains below all major EMAs (EMA7, EMA25, EMA99), confirming that sellers are still dictating market direction. Without a breakout above $119.50, downside risk persists.
Trade Setup:
Entry (Short): $119.10 – $119.40
Take Profit 1: $118.40
Take Profit 2: $117.50
Stop Loss: $119.90
Market Outlook:
Bearish sentiment dominates as LTC struggles to reclaim moving average resistance. A break below $118.44 could accelerate selling pressure, while reclaiming $119.90 would be the first sign of possible recovery.
#LTC #CryptoTrading #BearishTrend #PriceAction #Binance
buy and trade here on $LTC