šā ļø $LTC /USDT BEARISH SETUP ā FAILING TO GAIN ABOVE RESISTANCE! ā ļøš
$LTC/USDT is trading at $84.26, down 1.61%, and showing signs of weakness after being rejected near the $85.89 resistance zone. Price is hovering just above key support at $82.39, and a breakdown below it could confirm a bearish move.
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š Current Price: $84.26
š Support Zone: $82.39 ā $80.00
š Resistance Zone: $85.89 ā $88.00
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š» Trade Setup ā SHORT Position:
š Entry: Below $82.30
šÆ Target 1 (TP1): $80.00
šÆ Target 2 (TP2): $77.50
š”ļø Stop Loss (SL): $86.00
š Risk-Reward Ratio: ~2:1 ā favoring downside unless strong recovery above $86
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ā ļø Risk Management Tip:
š° Risk max 1ā2% of your portfolio
ā³ Wait for confirmation candle below support
š”ļø Keep SL tight ā price volatility is high near support zones
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