$LTC

LTC

52.79

-2.25%

It faces a clear rejection at the Lower High area near the medium range resistance, which reinforces the likelihood of continued selling pressure in the short term.

🔻 Setting up a Sell (Short) trade on $LTC:

Entry area: 53.5 – 54.8

Stop loss: 57.2

First target: 51.8

Second target: 49.5

Third target: 46.8

As long as the price is trading below the medium range resistance, the bearish scenario remains in place with a gradual targeting of lower liquidity areas. It is advisable to manage risk flexibly and secure part of the profits upon reaching the first target.