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Most traders think LTC is bottoming — I see a 95% probability trap forming at 41.85.
$LTC /USDT - SHORT
Trade Plan:
Entry: 41.69 – 42.01
SL: 43.34
TP1: 40.73
TP2: 39.99
TP3: 38.87
Why this setup?
• 4H SHORT bias with 95% confidence is rare — the market is screaming overextension.
• RSI at 52.64 on 15m shows zero momentum for a breakout, while 1D trend remains firmly bearish.
• Entry zone 41.69–42.01 is the perfect liquidity grab before dumping to TP1 at 40.73.
• Why now? ATR on 1h is tight (0.62), meaning the squeeze is loading — the bigger the consolidation, the sharper the drop.
Debate:
Are you shorting LTC into 38.87 or waiting for a fake pump above 42.01 first?