$LTC / USDT FROM FAKEOUT TO FREEFALL!
#Litecoin ($LTC) painted a textbook bull trap after consolidating just under the $102.27 mark, it failed to hold momentum above $97.15, triggering a sharp downtrend. The rejection at the lower high confirms bearish dominance, and the market has been making lower lows ever since. Currently, it's stuck between short-term resistance (~$89.00) and support (~$86.70).
This$LTC zone is crucial a breakdown below support could send LTC into deeper territory, while a reclaim of resistance might invite relief buyers.
Trade Setup (Bearish Bias)
• Entry (Short): $88.80 – $89.30
• TP1: $86.00
• TP2: $83.90
• SL: $90.20
Support: ~$86.70
Resistance: ~$89.00
$LTC Watch closely this is a reactive zone. Momentum remains bearish unless bulls flip $90+.