​📉 $LTC

LTC
LTCUSDT
56.28
+6.91%

/ USDT: Sell-The-Rally Setup

​The bearish momentum for Litecoin remains intact as price struggles below a flat-to-down EMA stack. Despite the recent bounce from the 79.9 level, we are seeing zero structural shift and very weak follow-through. This price action looks more like redistribution than a reversal.

​The plan is simple: As long as LTC stays below the 84.0 resistance, we fade the rallies.

​⚡ The Trade Setup

​Direction: SHORT 🔮

​Entry Zone: 82.0 – 82.8

​Stop-Loss: 84.0 (Exit if price reclaims this level)

​Target 1: 80.5

​Target 2: 79.2

​Target 3: 77.8

​🔍 Market Insight

​Upside attempts currently lack conviction. A break and hold above 84.0 invalidates this thesis and shifts our bias to neutral. Until then, keep the sell-bias active.

​Nabiha Noor

Trade smart, manage your risk.

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