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Most traders are still buying LTC—but the 4H data says they’re about to get wrecked.
$LTC /USDT - SHORT
Trade Plan:
Entry: 48.09 – 48.33
SL: 49.34
TP1: 47.36
TP2: 46.79
TP3: 45.95
Why this setup?
95% confidence on a SHORT setup with a 1D bearish trend. RSI on 15M sits at 52—neutral, not oversold. Entry at 48.21 with tight TP1 at 47.36 means 1.7% downside in hours. Why wait? The trend is your friend, and it’s selling.
Debate:
Are you shorting LTC here, or do you think the 48.21 support holds for a bounce?