LTC/USDT โ Potential Sell on Rally Scenario ๐๐
Caption:
LTC/USDT is still moving under bearish pressure on the daily timeframe (1D) โ ๏ธ
Currently, price is consolidating near a minor support level, with a potential retest toward the supply zone at $95 - $100 ๐ผ
My trading outlook:
๐น Wait for price to retest the supply zone ($95 - $100)
๐น Look for clear rejection or bearish confirmation โ
๐น Consider short position if signals appear ๐ฏ
๐น Targeting the demand zone at $65 - $70 ๐
This bearish scenario remains valid as long as LTC stays below the $100 resistance level ๐ซ
A breakout and close above $100 would invalidate this plan and require a reassessment ๐
Disclaimer: This content is for educational purposes only and does not constitute financial advice.
$LTC #Litecoin #cryptouniverseofficial #BearishScalping #PriceActionAnalysis #SupplyAndDemand