$LTC Short Trade Signal! 🔻*
$LTC is currently trading at $122.05, with a 24-hour high of $126.35 and a low of $118.25. The market insight suggests that LTC is facing selling pressure after failing to sustain above the $123.00 zone.
*Trade Setup (Short Idea):*
- *Entry Zone:* $121.75- $122
- *Take Profit Targets:*
- *TP1:* $121.00
- *TP2:* $120.15
- *TP3:* $119.00
- *Stop Loss:* $122.50
*Market Analysis:*
The recent bounce from $118.25 shows short-term recovery, but rejection near resistance suggests bears may push the price lower again if momentum weakens. A breakdown below $121.00 could confirm bearish continuation.
*Key Levels:*
- *Support:* $118.25
*Trading Strategy:*
Traders can consider shorting $LTC in the entry zone, with a stop loss above $122.50 to limit potential losses. Opportunities don't wait, trade smart and seize the moment!
