Technical analysis by FrankFx14 about Symbol LTC: Sell recommendation (8/9/2025)

Litecoin is currently trading inside a short-term supply zone around $125 – $126, which has acted as a rejection area earlier. The lower time frame structure shows potential for a quick pullback. 🔍 Key Observations: Supply Zone: $125.00 – $126.00 (blue zone) Price is testing this area for the second time, increasing the chance of a bearish reaction. First Support: $123.00 A minor intraday level where buyers may attempt to slow a sell-off. Demand Zone: $120.40 – $121.24 (orange zone) This is the key area to watch for a bullish rebound if a deeper retracement occurs. 📈 Possible Scenarios: Bearish Rejection – If sellers hold the $125–$126 zone, LTC could retrace toward $123.00 and possibly the demand zone at $121.24. Bullish Breakout – A strong 15M close above $126 could trigger a short-term rally toward the next liquidity area above $127.50. 🔻 Bias: Short-term bearish while price remains under $126, watching for signs of rejection before any breakout attempt. Disclaimer: This analysis is for educational purposes only and not financial advice. Trade with proper risk management.