$LTC /USDT BEARISH CONSOLIDATION — LITECOIN STRUGGLES TO HOLD ABOVE $120 SUPPORT!
$LTC is showing weakness after failing to maintain momentum above $122, slipping back toward the $119–$118 support area. The 4H chart reflects a bearish consolidation pattern, with lower highs suggesting reduced buying strength. If price breaks below $118, a drop toward $115 could follow as sellers tighten control. RSI is trending lower, and volume remains muted — both pointing to declining bullish confidence in the short term.
🔹Trade Setup:
Entry (Short): $119.5
Target (TP): $118 / $115
Stop Loss (SL): $122.5
📊Market Outlook:
While Litecoin remains stable on the higher timeframes, short-term momentum leans bearish as bulls struggle to defend key support levels. A confirmed bounce from $115 would be needed to restore upward momentum.