📉 $LTC /USDT Short-Term Bearish Pressure
#Litecoin is showing clear short-term weakness on the 15m chart, with price (~55.69) trading below key EMAs (7/25/99), indicating a strong bearish trend after rejection near 56.80. The consistent lower highs and lower lows suggest sellers are in control, and momentum remains negative unless price reclaims the 56.10–56.30 zone. Immediate support sits around 55.60, and a breakdown could extend toward 55.20, while any bounce may face resistance at EMA clusters.
Trade Setup:
Sell below 55.60 → Target: 55.20 / 54.80 → Stop Loss: 56.20