$LTC
$LIT | Strategic Setup 🎯
I’m leaning SHORT 🔴 here.
Entry zone: 0.9813 – 1.0130
Stop Loss: 1.0550 🛡️
Targets: 0.9450 → 0.8800 → 0.7770 🚀
Why this setup?
Price is running into strong resistance around the EMA 25 (1.0133). Even though we saw a small bounce from the lows, the bigger picture still looks bearish — lower highs are forming, which usually signals weakness.
The RSI (6) is sitting around 61, which tells me this bounce is starting to lose strength and may struggle to push much higher.
If price gets rejected from this zone, I’m expecting a move back down to retest lower support levels — with 0.7770 as the key area to watch.
Stay patient, stay disciplined, and let the market come to you.
FXRONIN | Discipline Over Hype 💎
#LIT #cryptotrading #ShortSetup
