$LTC
/USDT TECHNICAL ANALYSIS: BEARISH CONTINUATION EXPECTED
Litecoin is showing signs of bearish momentum after failing to sustain near the recent high. The pair is trading within a descending range, indicating sellers are in control. Short-term support levels are being tested, and a break below these could trigger further downside. Resistance is forming near previous highs, keeping bullish attempts capped.
Trade Setup:
Entry: Short below the immediate support breakout
Target 1 (TP1): 50.50 USDT
Target 2 (TP2): 49.20 USDT
Stop Loss (SL): 53.00 USDT
Risk Management: Keep position sizing conservative; risk no more than 1–2% of capital per trade. Monitor price action near key support levels for potential reversals.
#CZAMAonBinanceSquare #USNFPBlowout #TrumpCanadaTariffsOverturned #USRetailSalesMissForecast