Short

LTC/USDT 1H: Bears Target $112 After $132 Rejection!

LTC/USDT 1H Chart Analysis
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Current Market Structure:

Bearish trend confirmed after rejection from premium zone at $132.
RSI: Bearish divergence at recent high, with overbought conditions.
Market Structure: Lower highs forming, signaling continuation to the downside.

Smart Money Activity:

Accumulation Phase: Likely occurring at discount zone $110-$112.
Distribution Phase: Visible at the premium zone ($132).
Market Makers: Targeting liquidity below $110.

Key Levels:

Entry Zone: Short at $126-$128 (resistance zone).
Targets:
T1: $120 (Equilibrium Zone).
T2: $112 (Discount Zone).
Stop Loss: Above $133 (recent swing high).

Risk Score:

7/10 (Favorable R:R ratio with clear invalidation).

Market Maker Intent:

Stop Hunt Expected: Watch for potential liquidity grab above $132 before further downside.
Volume Analysis: Declining on recent push up, indicating weakening bullish pressure.

Recommendation:

Short positions favorable within the $126-$128 range.
Maintain tight stops above $133 to manage risk.
Wait for bearish order block confirmation before entering.
Confidence Level: 8/10 for bearish continuation.

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Cryptokijker

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