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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