🚨 $LTCUSDT Short Trade Setup 🛑 | Rejection at Resistance – Bears Gaining Control! ⚠️
📉 Trade Setup:
Entry Zone: 114.55 – 114.80
Take Profit 1: 113.58
Take Profit 2: 113.29
Stop Loss: 115.26
$LTCUSDT is facing strong resistance near the 115.20–115.50 zone, where price has repeatedly failed to break higher. Each attempt into the supply zone has been instantly rejected, signaling that sellers are aggressively defending this level.
With momentum weakening and a potential double top forming, this looks like a clean short setup for intraday traders.
📊 Market Outlook:
Price struggling to break resistance = sign of buyer exhaustion 😓
Volume fading during up moves 📉
Double top pattern near resistance = bearish confirmation 🧱
Break below 114.50 could lead to fast drop into demand zones 🔻
This setup favors sellers unless bulls flip resistance convincingly — until then, bears are in control. Look for confirmations on the lower time frames for clean entries.
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