$LTC /USDT Bearish Set-Up ๐
๐ The market is showing strong bearish momentum with high selling pressure. This could be an excellent opportunity to capitalize on the current trend. ๐ฅ
Trade Details:
๐น Current Price: $126.73
๐น Entry Zone: $126.50 - $127.00
๐น Stop Loss: $127.64
Profit Targets (TPs) ๐ฐ
โ First TP: $124.00
โ Second TP: $120.63
Support & Resistance Levels:
๐ Resistance Zone (Sell Area): 127.00 - 128.00 โ Key resistance where price faced rejection.
๐ Support Zones (Buy Area / Target Zones):
125.00 - 125.50 โ First support where price might slow down or bounce.
120.50 - 121.00 โ Stronger support, potential final target if selling pressure continues.
Trade Strategy โก
I recommend using low leverage (3x to 5x) to manage your risk while riding this potential wave. Always stick to your risk management plan. ๐
Pro Tip ๐ก
๐ธ Wait for price action confirmation before entering the trade.
๐ธ Always follow your risk management rules to protect capital.
๐ธ Stay updated with market trends to adapt accordingly.
๐ Trade at your own risk. This analysis is based on my personal market reading and has a high probability of success, but nothing is guaranteed.
Happy Trading! ๐๐ฐ
