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Most traders are long LTC right now—our data says they’re about to get wrecked.
$LTC /USDT - SHORT
Trade Plan:
Entry: 45.70 – 45.88
SL: 46.67
TP1: 45.13
TP2: 44.69
TP3: 44.03
Why this setup?
Why now? The 4H timeframe confirms a 95% confidence SHORT with daily bearish trend intact. RSI on 15M sits at 57.94—just above neutral, still room to drop. Entry at 45.79, TP1 at 45.13, TP2 at 44.69. ATR on 1H is tight (0.3667), so momentum is building for a breakdown. No reversal signal yet.
Debate:
Are you shorting LTC into 44.69 or waiting for a fakeout above 46.67?