$ORCA
$LTC/USDT – Breakdown Confirmed! Short Momentum Strong!
Current Price: $63.42 (-1.20% on 15m)
24H Range: Low $62.50 – High $65.10
Change (24H): -8.50%
Key Levels to Watch:
- Resistance: $64.50
- Support: $62.00
- Breakdown Zone: $63.00
Trade Setup – SHORT IDEA:
- Entry Zone: $63.00 – $63.50 (breakdown continuation entry)
- Targets:
- TP1: $62.20
- TP2: $61.50
- TP3: $60.80
- Stop Loss: $64.20
Market Insights: LTC has been in a strong downtrend and just flushed through key support around $63.00. Heavy bearish pressure with full-bodied red candles and no meaningful bounce. Lower highs and lower lows confirmed – momentum favors continuation to the downside.
Pro Tip: Don't chase the red candle — wait for a weak bounce to $63.20–$63.50 before shorting for better R:R. LTC is sinking fast! Trend is your friend — and bears are in control. Comment “SHORT LTC” if you're diving in!