$LTC is testing a major supply zone after its recent recovery, and momentum is showing signs of weakening.
Trading Plan: Short $LTC
Entry: 52.2 – 54.0
SL: 57.2
TP1: 50.5
TP2: 49.0
TP3: 47.5
The rebound has brought price directly into a resistance area where sellers are beginning to absorb buying pressure. Buyers are struggling to reclaim the higher structure, while downside liquidity remains exposed beneath the recent lows.
If this supply zone continues to reject price and sellers maintain control, LTC could see another move lower toward the next liquidity pockets.
Manage risk carefully and avoid overleveraging. DYOR (Do Your Own Research).
Trading Plan: Short $LTC
Entry: 52.2 – 54.0
SL: 57.2
TP1: 50.5
TP2: 49.0
TP3: 47.5
The rebound has brought price directly into a resistance area where sellers are beginning to absorb buying pressure. Buyers are struggling to reclaim the higher structure, while downside liquidity remains exposed beneath the recent lows.
If this supply zone continues to reject price and sellers maintain control, LTC could see another move lower toward the next liquidity pockets.
Manage risk carefully and avoid overleveraging. DYOR (Do Your Own Research).
