$LTC C/USDT – Potential Short Setup as Bearish Momentum Builds 🔻
Current Price: $90.25 (+10.30%)
After a sharp surge to $93.70, $LTC is showing signs of weakening, suggesting a potential trend reversal.
Short Trade Setup:
Entry Range: $90.50 – $91.80
🎯 Target 1: $88.40
🎯 Target 2: $86.20
🎯 Target 3: $84.00
🛑 Stop-Loss: Above $92.60
Market Insight:
Recent wick rejections and slowing bullish momentum point to a possible local top, creating opportunities for short scalps as buyers appear to be losing steam.
Pro Tip:
Keep an eye on the $89.90 level. A clean break below this support could confirm deeper downside potential.
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