$LTC /USDT BEARISH SLIDE CONTINUES — KEY SUPPORT UNDER TEST!
$LTC /USDT is currently trading at $88.63, facing a sharp -6.12% decline on the day. After failing to hold above $91.00, the price has slipped back into a crucial support zone between $87.00 and $86.50. If this zone breaks, LTC may revisit deeper levels around $84.00 or lower in the short term.
Trade Setup (SHORT):
Entry Zone: $88.50 – $89.50
Targets:
TP1: $87.00
TP2: $85.00
TP3: $83.50
Stop Loss: $91.20
Market Outlook:
The bearish engulfing pattern at the $94.70 high confirms downside momentum. Volume is increasing as support is retested, and continuation is likely if bulls fail to defend the $86.50 line. Watch for breakdown confirmation before scaling in deeper.
Risk Management Tip:
Never chase a falling asset without confirmation — protect capital with strict SLs and avoid overexposure.
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Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This setup is active — monitor price reaction near $86.50 closely!
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