$LTC /USDT BEARISH PRESSURE PERSISTING NEAR SUPPORT ZONE
Litecoin is struggling to recover after a steep drop from $133.99, currently consolidating around $120.60. Price remains below key resistance levels, indicating that sellers are still in control. A break below the $119.26 support could trigger further downside toward the $117–$115 range.
Trade Setup (Short):
Entry: $120.80 – $121.20
Targets: TP1 $119.20, TP2 $117.50
Stop Loss: $122.00
Market Outlook:
The lack of strong buying interest and failure to reclaim $122 resistance suggest that bearish sentiment is intact. Bulls need a decisive push above $122.50 to shift momentum, otherwise consolidation may lead to another leg down.
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