LTC is in a clear downward trend

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LTC is in a clear downward trendLitecoin / TetherUSBINANCE:LTCUSDTcryptodailyukπŸ“‰ MARKET STRUCTURE Main Trend: Down Sequence: Lower High β†’ Lower Low Price is moving in a clear downward channel. Any upward breakout = correction, not a trend change. πŸ“ KEY LEVELS 🟩 RESISTANCES (sell zones) 84.50 – current S/R flip (was support β†’ now resistance) 94.50 – strong HTF level, where the market has been rejected multiple times 107.50 – key trend reversal level (BOS) πŸŸ₯ SUPPORT 72.00–72.50 – key support, currently being tested 63.10 – next strong HTF support Below β†’ empty space to ~55–58 πŸ”Ž PRICE ACTION – WHAT YOU CAN SEE Recent Bounce: Weak HH No volume Strong rejection from: Upper channel line Level ~84.5 Current candle: Aggressive supply No demand response πŸ‘‰ Sellers in full control πŸ“Š STOCH RSI Turnover from the upper zones Bearish momentum No bullish divergence πŸ‘‰ Oscillator confirms continuation of the downtrend 🧠 SCENARIOS πŸ”΄ BASELINE SCENARIO (60–65%) Descent lower Condition: Close D1 below 72 Target: 63.1 Possible breakout to 60–61 🟑 CORRECTIVE SCENARIO (25–30%) Bounce Technical Condition: Holding 72 Demand candle + follow-up Target: 84.5 Maximum 94.5 DOES NOT change the trend 🟒 TREND REVERSE SCENARIO ( 94.5 Then reclaim 107.5 πŸ‘‰ Only then can we talk about a bull market 🎯 HOW TO PLAY IT (technically) Short: Retest 84–85 or 94–95 SL: above the structure TP: 72 β†’ 63 Long: Only a reaction to 63 Short-term scalp / swing No forcing the low