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Why are insiders piling into LTC shorts right when retail is buying the dip?
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.91 – 43.07
SL: 43.74
TP1: 42.42
TP2: 42.05
TP3: 41.48
Why this setup?
95% confidence short signal on $LTC /USDT as of June 12. 1D trend is bearish, and RSI on the 15-minute timeframe is already overbought at 69.34—suggesting a local top before the next leg down. With ATR showing tight volatility, the entry zone at 42.99 offers a clean risk-reward toward TP1 (42.42) and TP2 (42.05). The "alt" long setup is invalid until price breaks 44.12.
Debate:
Is this the final shakeout before a drop to 41.48, or is the 4h trend about to flip?