🔥 LTCUSD Bearish Setup Focus ⚡
**Trading Plan:**
Bias: Bearish
Entry: 86.50 - 88.00
Stop Loss: 89.00
Take Profit 1–3: 80.00 / 75.00 / 70.00
**Technical Analysis:**
The 4-hour chart shows that in a clear downtrend, the price has bounced to a key supply area (around $87.73). The price is showing initial signs of rejection at this level, indicating that selling pressure is increasing. If a strong bearish candlestick forms to confirm this rejection, it may signal the resumption of the downtrend and move towards lower demand areas.
**Invalidation Conditions:**
This bearish setup will only be invalidated if the price decisively breaks and closes above $89.00.
$LTCUSD$BOB $STO
STOUSDT
Perp
0.11962
-0.18%