$LTC short trade is active with a liquidation point of $146K at $118.41.
Entry Point:
Enter the short position at the current market price as $LTC shows clear signs of a bearish trend, setting the stage for a profitable downward move.
Target:
Set your target at $105, where $LTC is expected to encounter strong support, offering an optimal exit point to secure profits.
Stop Loss:
Place your stop loss at $120.50 to protect against any unexpected bullish rally, ensuring limited downside risk if the market moves in the wrong direction.
Stay alert to LTC’s price fluctuations and adjust accordingly to lock in gains while managing risk effectively.