$LTC #LTC

LTC SHORT
Entry: 54.90 to 56.00
Stop loss: 57.50
Target 1: 53.50
Target 2: 52.50

Litecoin is at 54.92 dollars, down 1.11 percent in 24 hours, with a range of 54.54 to 56.03 dollars, from fresh CoinGecko data on 31 October 2026. My short idea is simple. Litecoin is already weak, Bitcoin is at 77,412 dollars and still below its reclaim level, and a bounce into 54.90 to 56.00 dollars would be a selling opportunity, not a reason to buy strength. The stop above 57.50 dollars protects against a real reversal, because a move above that level would tell me buyers have stepped in with size. Target 1 at 53.50 dollars is the first support below the range, target 2 at 52.50 dollars is only if weakness accelerates with Bitcoin.
Futures trading is risky, trade small, manage risk, do your own research.
Image source: Own CoinGecko 7 day data chart, annotated by MW Trader with entry, stop loss and targets.
Do you think LTC breaks 54.54 dollars first, or reclaims 57.50 dollars? Give me your level below.
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