$LTC

📊 Trade Setup

- Entry Zone: 56.20 – 56.40 (short entries on rejection)

- Take Profit 1: 55.20

- Take Profit 2: 54.50

- Stop Loss: 57.00 (above recent high)

LTC is showing signs of exhaustion after a short-lived bounce. Despite intraday gains, the broader structure remains heavy, with momentum fading and sellers pressing at resistance. A decisive rejection near $56.50 signals that bears are preparing to drive price lower.

🔎 Short Market Outlook

- Momentum: Weak – today’s uptick lacks conviction, volume thinning.

- Trend: Downtrend intact; 30D, 90D, and 1Y performance all deeply negative.

- Key Levels: Resistance at 56.50; support at 55.00 then 54.50.

- Bias: Sellers remain in control unless LTC can reclaim 57.00 with strength.

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