LTC SHORT SETUP – PULLBACK OPPORTUNITY
$LTC is facing selling pressure after a strong rally toward the $64.64 resistance zone. The price is currently trading around $60.92, with the latest 4H candle showing a sharp rejection.
If bearish momentum continues, LTC could move toward the lower support levels. Watch the $60.00 zone for a potential breakdown confirmation.
SHORT TRADE SETUP
Entry: $60.80–$61.50
TP1: $60.00
TP2: $58.80
TP3: $57.50
TP4: $55.00
TP5: $52.50
Stop Loss: $63.00
A confirmed breakdown below $60.00 could open the way toward lower targets. If LTC reclaims resistance, reassess the setup.
Wait for confirmation and manage your risk carefully.
DYOR.
$LTC is facing selling pressure after a strong rally toward the $64.64 resistance zone. The price is currently trading around $60.92, with the latest 4H candle showing a sharp rejection.
If bearish momentum continues, LTC could move toward the lower support levels. Watch the $60.00 zone for a potential breakdown confirmation.
SHORT TRADE SETUP
Entry: $60.80–$61.50
TP1: $60.00
TP2: $58.80
TP3: $57.50
TP4: $55.00
TP5: $52.50
Stop Loss: $63.00
A confirmed breakdown below $60.00 could open the way toward lower targets. If LTC reclaims resistance, reassess the setup.
Wait for confirmation and manage your risk carefully.
DYOR.
