LTCUSDT Short Setup from Range ResistanceLitecoin / TetherUS PERPETUAL CONTRACTBINANCE:LTCUSDT.PNakamotoZzzzLTCUSDT is trading near a key resistance level at $85.74, which marks the upper boundary of a clearly defined consolidation range. After multiple rejections in this zone, the price has once again failed to break higher — signaling potential downside pressure. A short entry has been placed at $85.74, targeting the bottom of the range near $82.37, while the stop loss is placed just above the most recent swing highs at $86.84. This setup is based on a range-trading strategy, with price respecting both support and resistance levels repeatedly. 🧩 Trade Parameters: - Entry: $85.74 - Stop Loss: $86.84 - Take Profit: $82.37 🔢 Risk:Reward Calculation: - Risk: 86.84 - 85.74 = $1.10 - Reward: 85.74 - 82.37 = $3.37 - Risk:Reward Ratio: 1 : 3.06 ✅ (Excellent) ✅ Bias: Bearish rejection at range resistance 🔄 Confirmation: - Clear rejection candle at the top of the range - Failure to close above $86 - Momentum shift on lower timeframes ❌ Invalidation: Break and hold above $86.84 — indicates range breakout or trend reversal