LTC/USDT — Potential Sell on Rally Scenario 🔍📉
Caption:
LTC/USDT is still moving under bearish pressure on the daily timeframe (1D) ⚠️
Currently, price is consolidating near a minor support level, with a potential retest toward the supply zone at $95 - $100 🔼
My trading outlook:
🔹 Wait for price to retest the supply zone ($95 - $100)
🔹 Look for clear rejection or bearish confirmation ✋
🔹 Consider short position if signals appear 🎯
🔹 Targeting the demand zone at $65 - $70 📍
This bearish scenario remains valid as long as LTC stays below the $100 resistance level 🚫
A breakout and close above $100 would invalidate this plan and require a reassessment 🔄
Disclaimer: This content is for educational purposes only and does not constitute financial advice.
$LTC #Litecoin #cryptouniverseofficial #BearishScalping #PriceActionAnalysis #SupplyAndDemand