đ´ $LTC / USDC â Short Setup
LTCUSDT
Perp
55.25
+4.30%
Market structure is weak and sellers fully in control.
đ What the chart shows:
⢠Clear lower highs + lower lows
⢠Price below all MAs â bearish alignment
⢠Strong sell candles with volume
⢠No real bounce, only weak pullbacks
đ Trade Idea (Short):
Entry Zone: 58.2 â 58.8 (pullback area)
Target 1: 57.4
Target 2: 56.8
Target 3: 56.0
Stop Loss: 59.6
đ Why downside likely:
⢠MA 25 & 99 acting as resistance
⢠Breakdown from consolidation
⢠Momentum still pointing down
⢠Buyers not stepping in yet
â ď¸ Only invalid if price reclaims 59.6+ with strength.
This is trend-following short, not a reversal trade.