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Everyone is bullish on LTC—but the 4h chart is screaming for a 95% confidence short.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.84 – 43.10
SL: 44.25
TP1: 42.01
TP2: 41.37
TP3: 40.41
Why this setup?
Why now? The 1-day trend is bearish, and the 4h timeframe is aligning with a high-conviction short setup. RSI on the 15m is at 62.94, still in overbought territory for a reversal. Entry zone at 42.97 with tight stop at 44.25—risk is defined, reward is 3:1 to TP3 at 40.41. This isn’t a guess; it’s a structural breakdown waiting to happen.
Debate:
Is LTC about to dump to 40.41, or will the bulls trap you at 42.97?