🚨 $LTC — Obvious Downtrend, No Doubt

Volume Analysis:

Recent 1-hour candles spike during drops (779k at ~73.91 USDT) → strong selling pressure.

Capital flows:

Contracts: -80.15M USDT (24H)

Spot: -31.20M USDT → big players distributing.

Short-term inflows on 15-min & 30-min frames exist, but not enough to reverse trend.

Trade Idea — Cautious Short:

Entry:

Immediate: If price rejects around 72.5 – 73.0 USDT (lower Bollinger band resistance)

Or wait for pullback to 75.0 – 75.5 USDT (MA5/MA10) → better risk-reward setup

Stop Loss: ~3% above entry (e.g., 74.6 if entry at 72.5)

Target 1: 68.8 USDT (support)

Target 2: 65.6 USDT (next support if broken)

LTC
LTCUSDT
72.08
-1.91%

What do you guys think — anyone seeing a bounce soon?

#LTC #LTCUSDT #Litecoin