$LTC USDT – SHORT TRADE SIGNAL🔴
🟥 Litecoin is rejecting from strong resistance near $110.50–$111.40, a level that has capped previous rallies. Price is currently testing a key supply zone and showing signs of exhaustion after multiple failed breakout attempts. The consolidation range between $109.00–$111.00 appears to be holding, indicating a possible reversal back toward demand levels.
🔻Current price action suggests a potential drop if LTC fails to close above the upper resistance band.
TRADE SETUP: • Entry Point: $110.00 – $110.50
• Stop Loss: $111.50
• Take Profit:
• TP1: $107.20
• TP2: $106.10
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
LTC is at a make-or-break point. A failure to reclaim the resistance zone opens the door for a short-term bearish move toward previous support zones.
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