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Most traders are still long LTC—but the 4h chart just screamed SHORT at 95% confidence.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.62 – 44.82
SL: 45.69
TP1: 43.99
TP2: 43.50
TP3: 42.77
Why this setup?
Why now? RSI on 15m is crushed at 30.49 (oversold but still falling). Daily trend is bearish, and ATR volatility is tight at 0.406—suggesting a breakdown squeeze, not a bounce. Entry zone at 44.72 with TP1 at 43.99 is the first trap door. The “Armed” status means the setup is live, not hypothetical.
Debate:
Is 43.50 (TP2) the real target, or will this fake out before the weekly close?