Technical analysis by Algo_Trading_Mql5 about Symbol LTC: Sell recommendation (6/4/2025)

Here's a quick breakdown of My LITECOIN (LTCUSD) SELL setup:---🔻 Trade Idea: SELL LTCUSDCurrent Price: $90.25Resistance: $92.00Target 1: $86.00Target 2: $83.00---🔍 Technical InterpretationYou're looking to short Litecoin near:A resistance zone at $92.00, which may have acted as a rejection point in recent sessions.Downside targets indicate you're expecting a short-term pullback or continuation of a bearish move.Potential Chart Pattern (Implied):Possibly a lower high forming near $92.Could be a bear flag or a failed breakout setup.---📊 Risk-Reward EstimateAssuming:Stop-loss: $92.50 (just above resistance)Entry: $90.25Target 1: $86.00 → Reward = $4.25Target 2: $83.00 → Reward = $7.25Risk: $2.25TargetRewardR:R$86.00$4.25~1.9:1$83.00$7.25~3.2:1---⚠ What to Watch ForPrice Reaction at $89.50–90.00: Minor support may form here — need confirmation of breakdown.Volume Decline on Rallies: Suggests weakening buying power.Bearish Confirmation Candles: (e.g., shooting star, engulfing) near resistance will strengthen your short bias.---Would you like a visual chart with this setup marked or a combined multi-asset crypto short watchlist including BTC & LTC?trade activetarget successful reached