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Most traders are still buying LTC at 42.68—what do they see that the 95% confidence short signal doesn’t?
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.47 – 42.89
SL: 44.70
TP1: 41.16
TP2: 40.15
TP3: 38.64
Why this setup?
4H timeframe confirms bearish trend. RSI at 49.26 is neutral, but the 1D trend is bearish. Entry is armed at 42.68 with tight SL at 44.70. Why now? The 1D bearish momentum is still intact, and the 4H structure hasn’t flipped. If price holds below 42.89, the path to TP1 at 41.16 is clear.
Debate:
Are you fading the 95% short signal or riding the bearish wave to TP3 at 38.64?