⭐ $LTC bearish rejection from local resistance zone

⭐ SHORT: LTC

⭐ Entry: 53.40 – 53.80

⭐ Stop-Loss: 54.60

⭐ TP1: 52.20

⭐ TP2: 51.40

Price has printed a clear lower high after rejecting the 54.33 resistance area, shifting the structure back to bearish on the 1H timeframe. Sellers regained control as price failed to hold above key moving averages and slipped back below short-term support.

Momentum shows downside pressure increasing after the rejection, with bearish candles confirming weakness near resistance. The setup remains valid as long as price stays below the stop-loss level, while a strong reclaim above 54.60 would invalidate this bearish outlook.

Trade $LTC here 👇

LTC

53.26

-3.89%