๐จ $LTC FAILS TO RECLAIM OVERHEAD RESISTANCE AS HEAVY SELLER PRESSURE TAKES OVER! ๐
Entry: 59.198 - 61.002 ๐ฅ
Target: 58.297 - 55.292 ๐ฏ
Stop Loss: 65.20 ๐
๐ Buyers are running out of steam on every push toward the 61 handle, failing repeatedly to flip overhead resistance into support. ๐ Persistent seller volume keeps smothering attempted rallies, leaving the bid side increasingly hollow below current levels.
๐ With distribution accelerating across the order book, a slide toward untouched support shelves looks imminent. ๐ค Are you pressing the short into lower support or hunting a relief bounce?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LTC #ShortSetup #Litecoin #PriceAction #Crypto
๐ฏ ๐ป
Entry: 59.198 - 61.002 ๐ฅ
Target: 58.297 - 55.292 ๐ฏ
Stop Loss: 65.20 ๐
๐ Buyers are running out of steam on every push toward the 61 handle, failing repeatedly to flip overhead resistance into support. ๐ Persistent seller volume keeps smothering attempted rallies, leaving the bid side increasingly hollow below current levels.
๐ With distribution accelerating across the order book, a slide toward untouched support shelves looks imminent. ๐ค Are you pressing the short into lower support or hunting a relief bounce?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LTC #ShortSetup #Litecoin #PriceAction #Crypto
๐ฏ ๐ป