$LTC LTC/USDT – 15M

Bias: Bearish (retest of broken structure)

Entry: 54.90 – 55.20 (rejection at resistance zone)

Stop: 55.80

Targets:

T1: 54.20


T2: 53.60


T3: 52.80

Why:

That 55.0 zone isn’t just “resistance,” it’s where the previous breakdown happened. Price returning there after a bounce = classic retest of supply.

Also notice the context:

Overall structure still lower highs on higher timeframe


Current move is a relief rally, not confirmed reversal


Momentum slowing as it approaches resistance

So yeah, shorting here actually makes more sense than blindly longing into a ceiling..

LTCUSDT

Perp

55.42

-1.47%