LTCUSD Hits Triple-Digit Resistance! Bearish Reversal in Sight?

LTCUSD just tapped the key psychological level of $100.00, sitting within a high-volume supply zone (per LuxAlgo) where price previously reversed. Current price: $100.02 (+5.31%).

Key Technical Levels:

Supply Zone: $98.50 – $100.50 (major resistance zone)

Mid Support: $91.20 (prior breakout level)

Demand Zone: $82.50 – $83.50 (strong accumulation)


Bearish Clues:

Price stalling at supply

Low momentum on breakout

Multiple rejections near $100.00 psychological barrier


Trade Setup Idea:

Short entry near $99.80 – $100.50

Stop Loss: $101.50

TP1: $91.20

TP2: $83.30 (demand retest)


Watchlist Note:
Break and hold above $101.50 = invalidation and likely breakout rally continuation.


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Chart Tags:
#LTCUSD #Litecoin #CryptoTrading #SupplyAndDemand #TechnicalAnalysis #LuxAlgo #ResistanceZone #BearishSetup #PriceAction