$LTC 🔻SHORT SIGNAL🔻
ENTRY: 61.91 - 62.30
🎯 TP1: 61.10
🎯 TP2: 60.50
🎯 TP3: 59.80
🎯 TP4: 58.70
🛑 SL: 63.50
MARKET VIEW:
The asset is showing clear signs of weakness after a sharp rejection from local highs near 64.64. Candles are putting in lower highs and breaking below the short-term moving averages. Selling volume is picking up as bears target the previous swing low at 59.78. Market structure favors a continuation downward.
ENTRY: 61.91 - 62.30
🎯 TP1: 61.10
🎯 TP2: 60.50
🎯 TP3: 59.80
🎯 TP4: 58.70
🛑 SL: 63.50
MARKET VIEW:
The asset is showing clear signs of weakness after a sharp rejection from local highs near 64.64. Candles are putting in lower highs and breaking below the short-term moving averages. Selling volume is picking up as bears target the previous swing low at 59.78. Market structure favors a continuation downward.