📉 $LTC

LTC
LTC
51.98
-9.85%

/USDT Strong Dump — Relief Bounce or More Downside?

Litecoin is under heavy bearish pressure on the 1H timeframe, dropping over 15% after failing near the 61.3 resistance zone and breaking multiple support levels. Price swept liquidity around 45.0 and is now attempting a weak rebound near 50.0–51.0, which acts as immediate resistance. As long as LTC stays below 53, this move looks like a corrective bounce rather than a true reversal, and sellers still control the structure.

Trade Setup

Entry: 49.8 – 51.2

Target 1: 48.5

Target 2: 46.5

Target 3: 45.0

Stop Loss: 54.0

#LTCUSDT #RiskAssetsMarketShock #WarshFedPolicyOutlook #EthereumLayer2Rethink?