🔻 $LTC /USDT BEARISH BREAKDOWN — 8% DUMP AND STILL DROPPING!
Litecoin is taking a sharp hit, currently trading at $85.70 after a deep -8.41% sell-off. The 15-minute chart shows a clean breakdown with back-to-back red candles, confirming bearish continuation after a failed attempt to reclaim the $89 level.
🔸 Trade Setup (Short)
Entry Zone: $86.20 – $87.30
Targets:
TP1: $84.20
TP2: $81.60
TP3: $78.80
Stop Loss: $88.50
📉 Why Short?
LTC rejected from lower highs and broke down with momentum. The failed consolidation followed by strong selling volume confirms that bears are leading the next leg down.
⚠️ Risk Management Tip:
Respect your SL and avoid chasing — only trade pullbacks to the entry zone with confirmation.
Capitalize on the momentum — $LTC trend is still bearish!
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