$LTC is having difficulty maintaining momentum.

$LTC Sell (Short)

Entry: 54.25$ - 55.50$

Targets: 52.80$, 51.50$, 49.00$

Stop Loss: 57.20$

Leverage: 5x - 10x

Reason:

Litecoin is facing strong resistance at the 55$ level. Whale data confirms a bearish trend with 158 whales currently in profit from sell positions, while 118 whales are suffering losses from buy positions with an average entry of 56.70$. With the buy-sell ratio decreasing and net selling volume increasing, we anticipate a rebound towards the support area at 52$.

Will the whales $LTC force the price down towards 50$?

LTCUSDT

Perp

55.24

+0.93%