LTC is battling below the 2.5k level, and the recent break of the swing low signals fresh downside pressure. Momentum is turning bearish as sellers seize control.
🔴 $LTC SHORT 📉
Entry $53.6563-$53.7637 | SL $55.3213 (-3.0%) | TP1 $52.9044 (+1.5%) | TP2 $51.0245 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character appeared as price ripped through the prior swing high, confirming a market structure break. The volume delta turned negative on the CVD, backing the move, while a fair value gap aligns with an order block, creating a point of interest where both zones overlap. With that confluence, the short bias looks solid.
A 3.0% stop is relatively tight for this swing, so a modest 5x‑10x leverage keeps risk manageable.
Consider taking half profit around the first target near 1.85k to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn
🔴 $LTC SHORT 📉
Entry $53.6563-$53.7637 | SL $55.3213 (-3.0%) | TP1 $52.9044 (+1.5%) | TP2 $51.0245 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character appeared as price ripped through the prior swing high, confirming a market structure break. The volume delta turned negative on the CVD, backing the move, while a fair value gap aligns with an order block, creating a point of interest where both zones overlap. With that confluence, the short bias looks solid.
A 3.0% stop is relatively tight for this swing, so a modest 5x‑10x leverage keeps risk manageable.
Consider taking half profit around the first target near 1.85k to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$LTC #LTCUSDT #THORChain #TradingSignals #Write2Earn