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$LTC /USDT SHORT SETUP: SUPPLY REJECTION ACTIVE — BEARS TARGET LOWER LEVELS! 📉
$LTC /USDT is showing weakness after failing to break above the $50.80–$52.00 resistance zone. Price is currently trading near $49.43 after a rejection from the local high, suggesting sellers are defending supply. If bulls fail to reclaim resistance, a bearish continuation move could develop toward lower support zones.
📌 SHORT TRADE SETUP
Entry Zone: $49.50 – $50.20 (after rejection confirmation)
Stop Loss: $51.20
TP1: $48.30
TP2: $47.40
TP3: $45.80
Technical Logic:
LTC is showing a supply zone rejection + liquidity grab pattern, with price sweeping higher levels before losing momentum. The structure indicates lower highs, resistance pressure, and weakening buying strength on the 1H chart. A confirmed breakdown below $48.30 support can accelerate bearish momentum toward the next demand area.
Trader Focus:
Watch for rejection candles, volume increase on selling, and breakdown confirmation before entering. If price reclaims $50.80 with strong volume, the short idea becomes invalid.
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