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$LTC : The Rally is Running Out of Gas
The recent push on Litecoin is losing its spark. While the price managed to squeeze higher, the lack of sustained expansion and the sharp reactions at local highs suggest we’ve shifted from an impulsive trend to a distributive phase.
We aren't seeing buyers defend the dips anymore; instead, it looks like every minor rally is being sold into. If
$LTC fails to hold the current structure, a deeper rotation is the most likely path.
🎯 The Bearish Setup
The plan is to capitalize on this rollover as long as the overhead resistance remains intact.
Entry Zone: 55.0 – 57.0
Target 1: 53.3 (Initial Magnet)
Target 2: 49.1 (Key Support)
Target 3: 47.2 (Deep Correction)
Stop Loss: 61.0 (Invalidation Point)
The Logic: Strong moves don't just "fizzle out" quietly—they usually correct sharply once the momentum dies. As long as 61.0 caps the upside, we are looking at a corrective rotation rather than a breakout.
Trade
$LTC here 👇
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