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Everyone is bullish on LTC—but the 4h data is screaming for a trap.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.87 – 43.09
SL: 44.04
TP1: 42.18
TP2: 41.65
TP3: 40.86
Why this setup?
- 95% confidence SHORT signal on $LTC /USDT, with bearish 1D trend confirming downside.
- RSI at 58 on 15m shows a weak bounce, not a reversal—momentum is fading into resistance.
- Entry zone 42.87–43.09 aligns perfectly with TP1 at 42.18 and TP2 at 41.65.
- Why now? The 1h ATR of 0.44 suggests a tight squeeze before breakdown.
Debate:
Are you shorting LTC into TP2 or waiting for a fakeout to 44?