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Everyone is bullish on LTC, but the 4h chart just flagged a 95% confidence SHORT.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.94 – 43.38
SL: 45.31
TP1: 41.54
TP2: 40.47
TP3: 38.85
Why this setup?
• Daily trend is bearish, and the 4h MTF aligns perfectly.
• RSI on 15m sits at 45.38—no oversold bounce, just weakness.
• ATR on 1h is tight (0.89), suggesting a breakout is imminent.
• Entry at 43.16 with TP1 at 41.54 is the most probable path.
Debate:
Is LTC about to fake out the bulls before dumping to 38.85, or will the support at 42.94 hold?