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Everyone is still bullish on LTC, but the 1D trend just flipped bearish with 95% confidence.
$LTC /USDT - SHORT
Trade Plan:
Entry: 41.5 – 41.7
SL: 42.9
TP1: 40.6
TP2: 40.0
TP3: 39.0
Why this setup?
• RSI on the 15m is at 44.1 — already below neutral, hinting at early downside momentum.
• ATR on the 1h is tight (0.54), suggesting a breakout is imminent.
• Primary targets: TP1 at 40.6, TP2 at 40.0 — with a hard invalidation only above 46.5.
• Why now? The 4h structure is armed for a SHORT, and the daily trend confirms the path of least resistance is down.
Debate:
Are you scaling into shorts at 41.6 or waiting for a retest of 42.9 before pulling the trigger?