$LTC/USDT BEARISH REVERSAL CONFIRMED – SHORT SETUP ACTIVE 🚨📉

Litecoin is showing signs of weakness after rejecting the resistance zone and is now trading around $86.40 (-1.71%). Price action suggests a bearish reversal on the lower timeframes, with sellers stepping in near recent highs. ⚠️

🔍 KEY LEVELS:

Resistance: $88.00 – $88.50 🔼

Support 1: $85.20 (24h low) 🔽

Support 2: $83.80 (next major demand zone)

Current Price: $86.40 💱

📉 TRADE SETUP – SHORT ENTRY IDEA:

Entry: $86.20 – $86.50 ⬇️

Take Profit (TP):

• TP1: $85.20

• TP2: $83.80

• TP3: $81.50 (extended target) 🎯

Stop Loss (SL): $88.20 🔒

📊 TECHNICAL CONFIRMATION:

Price rejected key resistance 📉

EMA and MACD showing bearish crossovers ❌

Volume declining on green candles – bearish divergence spotted 📊

⚠️ RISK MANAGEMENT:

🔹 Risk only 1-2% of your capital per trade.

🔹 Use SL strictly and avoid revenge trading.

🔹 Wait for candle close confirmation on lower timeframes (15m/1h) before entry.

Trade smart, stay sharp! 🧠💼📉

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