$LTC – Rejection Confirmed, Short Trade in Play!
Litecoin faced strong resistance at $87.37 and got sharply rejected, breaking below key structure support around $87.00. Sellers are back in control with momentum building toward lower support levels.
Short Trade Setup:
Entry: $86.94
Target: $86.23
Stop Loss: $87.37
Why This Setup?
Price failed to hold above the breakout zone and formed a clean bearish engulfing candle with volume confirmation. The rejection at the top signals short-term downside continuation.
Take short trade now on $LTC