$LTC /USDT short trade signal 🚦 🛑
BEARISH REVERSAL ACTIVE — SHORT SETUP IN PLAY!
Litecoin has shown strong upside but now faces rejection at the $102.22 resistance zone. The sharp wick and immediate sell pressure indicate a potential reversal. A bearish engulfing setup is forming right beneath a supply zone, suggesting a short opportunity as momentum weakens.
Trade Setup:
Entry: $101.90 - $102.20
Take Profit: $98.10
Stop Loss: $102.80
Market Outlook:
After an aggressive pump, LTC is displaying signs of exhaustion. Sellers are stepping in near key resistance, and the volume spike may confirm buyer-to-seller handover. A short entry with a tight stop offers a low-risk setup.
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