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Why 95% of traders just missed the real signal on LTC.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.46 – 44.58
SL: 45.09
TP1: 44.09
TP2: 43.81
TP3: 43.38
Why this setup?
Price pinned at 44.52 (4H entry ref) while 1D trend screams bearish. RSI on 15M is 55.93—neutral, not overbought—so no relief bounce yet. ATR shows low volatility (0.24 on 1H), meaning a squeeze is loading. Why now? Invalidation is a hair away at 44.61; if we reject there, TP1 (44.09) and TP2 (43.81) are wide open with a 95% confidence short bias.
Debate:
Is 44.61 the trap door or the launchpad for a dead cat bounce?