$LTC /USDT — SHORT SIGNAL
Entry: 71.30 – 72.20 TP1: 69.80 TP2: 68.40 TP3: 66.50 SL: 73.10
Sharp upper rejection wick at the 72.49 level demonstrates strong supply pressure capping short-term gains on the 1h chart. While Canary Capital's LTCC fund saw record inflows and futures open interest surged to near $670M, market leverage is heavily extended near resistance. Failure to clear local supply opens the door for a quick flush down to test lower support levels.
Entry: 71.30 – 72.20 TP1: 69.80 TP2: 68.40 TP3: 66.50 SL: 73.10
Sharp upper rejection wick at the 72.49 level demonstrates strong supply pressure capping short-term gains on the 1h chart. While Canary Capital's LTCC fund saw record inflows and futures open interest surged to near $670M, market leverage is heavily extended near resistance. Failure to clear local supply opens the door for a quick flush down to test lower support levels.
