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Most traders are still buying LTC’s dip—here’s why the 4h chart says they’re wrong.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.17 – 42.49
SL: 43.86
TP1: 41.18
TP2: 40.42
TP3: 39.28
Why this setup?
• 1D trend is bearish, and the 4h SHORT signal just armed at 42.33 with 95% confidence.
• RSI on 15m sits at 48.48—no oversold bounce yet, room to fall.
• TP1 at 41.18 is only 2.7% away; TP2 at 40.42 is within ATR range.
• Why now? Entry zone is active, and the 1h pivot at 42.33 is already being rejected.
Debate:
Do you trust the 95% SHORT confidence, or is this the fake breakdown before a squeeze?