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Everyone is still bullish on LTC while the 1D trend just flipped bearish.
$LTC /USDT - SHORT
Trade Plan:
Entry: 46.01 – 46.35
SL: 47.85
TP1: 44.93
TP2: 44.09
TP3: 42.84
Why this setup?
RSI on the 15m is at 44.11—weak momentum, no bounce yet. 4h ATR is tight at 0.69, suggesting a coiled move. With a 95% confidence SHORT and TP2 at 44.09, the path of least resistance is down. Why now? Because the 1h entry at 46.18 is already armed, and the trend1d confirms the bearish bias.
Debate:
Are we dumping straight to TP2 or will the bulls trap us at 46.35 first?