🚨Attention, traders!🚨 Litecoin (LTC) is giving us important signals and seems to be preparing for a downward movement.
The analysis indicates that LTC/USDT is in SHORT mode, with a "shock" price at $90.97. This means that if we see bearish confirmation, the initial target could be $88.1. Watch out for that level!
The key resistances showing us a potential drop are:
ST1: $90.97
ST2: $92.19 (1.3% higher)
ST3: $95.06 (3.1% above)
If the price approaches these levels and rejects them, we could be seeing confirmation for the bearish movement. It is worth remembering that its all-time high is far away at $413.94, which reminds us of the volatility potential of this altcoin.
Also, be very careful with manipulation! In the cryptocurrency market, sharp movements can be traps. Make sure not to get carried away by pumps and dumps if you do not have a solid trading plan. We could be seeing a "dead cat bounce" before a greater drop.
Keep a cool head and manage your risk. Patience is key to avoid falling into the whales' game.
