LTC/USDT 1H: Bears Target $112 After $132 Rejection!
2025-01-31
Category: None

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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