LTC / USDT – Bearish Reversal Setup at Resistance.
Litecoin (LTC) is displaying a potential trend reversal as price gets rejected from key overhead resistance. With volume shifting toward sellers and lower highs forming on short term time frames, risk reward favors a controlled short position for a continuation move downward.
📊 Trade Setup & Parameters
Position: SHORT 🔴
Entry Zone: 67.01 – 67.68
Target 1 (TP1): 62.22
Target 2 (TP2): 62.03
Target 3 (TP3): 60.27
Stop Loss (SL): 69.23
Rejection at structural resistance confirms seller presence. Holding firmly below the 69.23 stop loss level keeps this short bias completely intact.
⚠️ Risk Management
Maintain strict position sizing and cap total risk at 1%–2% of account equity. Lock in partial profits at Target 1 and shift your Stop Loss to Breakeven once the first target is hit.
#BinanceSquare #TradingSignals #Litecoin #Write2Earn #TechnicalAnalysis
$LTC
$SOL
$AVAX
Litecoin (LTC) is displaying a potential trend reversal as price gets rejected from key overhead resistance. With volume shifting toward sellers and lower highs forming on short term time frames, risk reward favors a controlled short position for a continuation move downward.
📊 Trade Setup & Parameters
Position: SHORT 🔴
Entry Zone: 67.01 – 67.68
Target 1 (TP1): 62.22
Target 2 (TP2): 62.03
Target 3 (TP3): 60.27
Stop Loss (SL): 69.23
Rejection at structural resistance confirms seller presence. Holding firmly below the 69.23 stop loss level keeps this short bias completely intact.
⚠️ Risk Management
Maintain strict position sizing and cap total risk at 1%–2% of account equity. Lock in partial profits at Target 1 and shift your Stop Loss to Breakeven once the first target is hit.
#BinanceSquare #TradingSignals #Litecoin #Write2Earn #TechnicalAnalysis
$LTC
$SOL
$AVAX