🔮 $LTC / USDC – Short Setup

LTC
LTCUSDT
55.06
+7.98%

Market structure is weak and sellers fully in control.

📉 What the chart shows:

‱ Clear lower highs + lower lows

‱ Price below all MAs → bearish alignment

‱ Strong sell candles with volume

‱ No real bounce, only weak pullbacks

📊 Trade Idea (Short):

Entry Zone: 58.2 – 58.8 (pullback area)

Target 1: 57.4

Target 2: 56.8

Target 3: 56.0

Stop Loss: 59.6

📈 Why downside likely:

‱ MA 25 & 99 acting as resistance

‱ Breakdown from consolidation

‱ Momentum still pointing down

‱ Buyers not stepping in yet

⚠ Only invalid if price reclaims 59.6+ with strength.

This is trend-following short, not a reversal trade.

#LTC #LTCUSDC #ShortTrade #BearishSetup #CryptoTrading