🚨 $LTC HIT THE CEILING AT 44.29! Overbought Exhaustion – My Precision Play 🎯
Litecoin just recovered from 43.80 and is currently sitting at 44.28. But look closely at the chart—it’s hitting a hard ceiling right at 44.30, and the buying pressure is visibly exhausted.
Without enough volume to break this wall, the market must cool down and sweep the 44.10 support before the next leg up. Buying the top right now is a guaranteed trap. Here is my ONE primary opinion with the highest probability, along with a strict backup plan:
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🔥 MY PRIMARY - BULLISH PULLBACK SCALP:
I am NOT buying at 44.28. I am waiting for the price to drop back to the MA support zone to catch a clean bounce.
· Entry: 44.08 - 44.12 (Catch the MA25 support retest).
· Target 1 (TP1): 44.30 (Minor ceiling – Book 50% profits immediately!).
· Target 2 (TP2): 44.50 - 44.60 (Next resistance – Book the rest and RUN).
· Stop Loss (SL): 43.95 (Tight SL! If it drops below this, the bounce is invalid).
🛡️ MY BEARISH BACKUP PLAN (If the Primary fails & rejects first):
If LTC pushes straight to 44.29 - 44.30 with zero volume and prints a long Red rejection wick:
· Backup Entry: 44.29 - 44.30 (Short the dead rejection).
· Backup Target: 44.10 (Wapas pullback support test).
· Backup Stop Loss: 44.40 (To escape a breakout).
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🔥 My Golden Advice: Never FOMO into a green candle when price is hitting a hard ceiling. Wait for the pullback to 44.10 to enter. If your limit order doesn't hit, do not force a trade today!
If this precise pullback setup saves your capital, hit that TIP button ⭐ and smash the LIKE! Your support fuels my free daily setups!
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#LTC #LTCUSDT #Litecoin #ScalpSetup
Litecoin just recovered from 43.80 and is currently sitting at 44.28. But look closely at the chart—it’s hitting a hard ceiling right at 44.30, and the buying pressure is visibly exhausted.
Without enough volume to break this wall, the market must cool down and sweep the 44.10 support before the next leg up. Buying the top right now is a guaranteed trap. Here is my ONE primary opinion with the highest probability, along with a strict backup plan:
---
🔥 MY PRIMARY - BULLISH PULLBACK SCALP:
I am NOT buying at 44.28. I am waiting for the price to drop back to the MA support zone to catch a clean bounce.
· Entry: 44.08 - 44.12 (Catch the MA25 support retest).
· Target 1 (TP1): 44.30 (Minor ceiling – Book 50% profits immediately!).
· Target 2 (TP2): 44.50 - 44.60 (Next resistance – Book the rest and RUN).
· Stop Loss (SL): 43.95 (Tight SL! If it drops below this, the bounce is invalid).
🛡️ MY BEARISH BACKUP PLAN (If the Primary fails & rejects first):
If LTC pushes straight to 44.29 - 44.30 with zero volume and prints a long Red rejection wick:
· Backup Entry: 44.29 - 44.30 (Short the dead rejection).
· Backup Target: 44.10 (Wapas pullback support test).
· Backup Stop Loss: 44.40 (To escape a breakout).
---
🔥 My Golden Advice: Never FOMO into a green candle when price is hitting a hard ceiling. Wait for the pullback to 44.10 to enter. If your limit order doesn't hit, do not force a trade today!
If this precise pullback setup saves your capital, hit that TIP button ⭐ and smash the LIKE! Your support fuels my free daily setups!
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#LTC #LTCUSDT #Litecoin #ScalpSetup