$LTC SHORT TRADE SIGNAL š“
Litecoin is breaking down from the $119ā$120 support zone after multiple failed recovery attempts, signaling bearish continuation. Sellers have kept price pinned below $122, and momentum favors a push toward deeper supports. A clean break under $119 could trigger accelerated downside.
Key Levels:
Resistance: $120.60 ā $122.36 ā $125.17
Support: $118.59, $115.77, $113.11, $109.41
Breakdown Level: $119.00
Consolidation Zone: $118.50 ā $120.00
Trade Setup:
Entry Point: $119.30 ā $119.80
Stop Loss: $120.60
Take Profit 1: $118.59
Take Profit 2: $115.77
Take Profit 3: $113.11
Margin: 2ā3% of wallet
Leverage: 10x
Market Outlook:
Bearish sentiment dominates as LTC loses a critical support level. If selling pressure continues, a drop toward $115 and $113 is likely, with a possible extension to $109. š
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