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Most traders are still buying LTC — but the 95% short signal says they’re about to get wrecked.
$LTC /USDT - SHORT
Trade Plan:
Entry: 41.50 – 41.82
SL: 43.21
TP1: 40.50
TP2: 39.72
TP3: 38.56
Why this setup?
- 4h timeframe shows a clear bearish trend with 95% confidence on the short side.
- RSI on 15m sits at 50.04—neutral, meaning no immediate bounce fuel.
- 1D trend is bearish, and 1h ATR is tight (0.6459), suggesting a breakout is imminent.
- Entry at 41.66 with TP2 at 39.72—that’s a 4.6% drop if momentum accelerates.
- Why now? Price is hovering near resistance, and the short setup is fully primed with a tight stop-loss at 43.21.
Debate:
Do you think LTC will hit TP2 at 39.72 first, or will the alt entry trap bulls at 42.82?