$LTC /USDT – Bearish Momentum Continues! 🔥💯
Litecoin (LTC) is currently trading at $102.86, experiencing an 11.07% decline in the last 24 hours. The price has fallen from its 24h high of $119.27 and is testing a key support area. With bearish pressure persisting, further downside could be expected.
Trade Setup
Entry: $102.50
Take Profit: $98.00
Stop Loss: $105.50
Market Outlook:
LTC remains in a downtrend, with lower highs and lower lows forming on the chart. If the price breaks below the $100 psychological level, we could see accelerated selling pressure. Watch for a volume spike to confirm momentum.
Pro Tip: Consider partial profit-taking at $100 in case of a brief reversal before the full target is hit. Always use stop-loss protection to manage risk effectively.