$LTC /USDT – Bearish Pressure Below Key EMA Resistance

$LTC is currently trading around $55.40, showing hesitation below a key resistance zone. Price is struggling to maintain strength above short-term EMAs, while the EMA(99) at 55.56 is acting as dynamic resistance. This suggests sellers are active on higher levels, and momentum may tilt toward a pullback if price fails to reclaim resistance.

Trade Setup

Entry Range: $55.80 – $56.30

Target 1: $55.00

Target 2: $54.20

Target 3: $52.90

Stop Loss (SL): $56.70

Short Outlook of Market:

LTC shows signs of rejection near resistance with weakening bullish momentum. As long as price remains below the EMA resistance cluster, a downside move toward lower demand zones is likely. A clean breakdown below $55.00 could accelerate selling pressure.

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