⚠️ $LTC /USDT BEARISH REVERSAL SIGNAL – SHORT THE DROP!
failed to hold above $96.52 and sharply dropped to $93.07 (-0.47%), showing a strong bearish engulfing candle on the 4H chart. Momentum is shifting downwards with increased selling pressure.
KEY LEVELS:
Resistance: $94.80 / $96.50
Support: $92.60 / $91.20 / $90.00
TRADE SETUP (SHORT):
Entry Price: $93.00 – $93.50
Take Profit (TP): $92.60 / $91.20 / $90.00
Stop Loss (SL): $95.10
OUTLOOK:
The rejection from $96.52 indicates buyer exhaustion. A break below $92.60 could accelerate bearish momentum, targeting deeper support levels.
RISK MANAGEMENT:
Use 1–2% capital per trade. Set SL above key resistance and take profits at multiple levels. Protect gains with trailing SL.
LTC is losing steam – jump on the downside and ride the trend!
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