$LTC /USDT Bearish Set-Up 📉
🚀 The market is showing strong bearish momentum with high selling pressure. This could be an excellent opportunity to capitalize on the current trend. 💥
Trade Details:
🔹 Current Price: $126.73
🔹 Entry Zone: $126.50 - $127.00
🔹 Stop Loss: $127.64
Profit Targets (TPs) 💰
✅ First TP: $124.00
✅ Second TP: $120.63
Support & Resistance Levels:
📌 Resistance Zone (Sell Area): 127.00 - 128.00 → Key resistance where price faced rejection.
📌 Support Zones (Buy Area / Target Zones):
125.00 - 125.50 → First support where price might slow down or bounce.
120.50 - 121.00 → Stronger support, potential final target if selling pressure continues.
Trade Strategy ⚡
I recommend using low leverage (3x to 5x) to manage your risk while riding this potential wave. Always stick to your risk management plan. 📉
Pro Tip 💡
🔸 Wait for price action confirmation before entering the trade.
🔸 Always follow your risk management rules to protect capital.
🔸 Stay updated with market trends to adapt accordingly.
📊 Trade at your own risk. This analysis is based on my personal market reading and has a high probability of success, but nothing is guaranteed.
Happy Trading! 🚀💰
