$LTC /USDT Short Setup 📉
Litecoin is struggling to reclaim the $43.00 resistance zone, with multiple rejections on the 4H timeframe. The failed breakout and weak follow-through suggest sellers are defending higher levels, favoring a short-term pullback.
🔴 Entry Range: $42.40 – $42.80
🛑 Stop Loss: $43.30
🎯 TP1: $41.80
🎯 TP2: $41.20
🎯 TP3: $40.50
Price is trading below key resistance while momentum remains weak. As long as $43.30 holds, the bearish bias stays intact with room for a move toward lower support.
⚠️ Invalidation: A strong 4H candle close above $43.30 would invalidate this setup and could trigger further upside.
Wait for confirmation and manage risk accordingly.
Litecoin is struggling to reclaim the $43.00 resistance zone, with multiple rejections on the 4H timeframe. The failed breakout and weak follow-through suggest sellers are defending higher levels, favoring a short-term pullback.
🔴 Entry Range: $42.40 – $42.80
🛑 Stop Loss: $43.30
🎯 TP1: $41.80
🎯 TP2: $41.20
🎯 TP3: $40.50
Price is trading below key resistance while momentum remains weak. As long as $43.30 holds, the bearish bias stays intact with room for a move toward lower support.
⚠️ Invalidation: A strong 4H candle close above $43.30 would invalidate this setup and could trigger further upside.
Wait for confirmation and manage risk accordingly.