$LTC /USDT BEARISH BREAKDOWN — SUPPORT COLLAPSES, SELLERS TAKE CONTROL!
Litecoin has broken decisively below the key horizontal support near $99.50, signaling bearish continuation. Price failed to hold above the prior demand zone and is now trading under the key rejection block, confirming a clean breakdown. Volume is also increasing on red candles — a strong sign that momentum is in favor of the bears.
Trade Setup (Short):
Entry: $99.05
Take Profit (TP): $97.53
Stop Loss (SL): $99.93
Market Outlook:
With the failure to reclaim the broken support and continued lower highs, $LTC/USDT shows potential for more downside. Sellers are dominating, and unless a sharp reversal occurs, lower levels are likely to be tested. Risk control remains essential in such breakdown trades.
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