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Everyone is bullish on LTC — but the data just flagged a 95% short signal.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.96 – 45.12
SL: 45.78
TP1: 44.49
TP2: 44.12
TP3: 43.56
Why this setup?
4H timeframe shows bearish structure. RSI on 15m is 41.2, already below neutral. Entry zone at 45.04 with tight SL at 45.78. TP1 at 44.49, TP2 at 44.12. ATR on 1h is low (0.308), meaning a controlled breakdown. Why now? Because the daily trend is bearish and the 1H pivot at 45.03 just rejected.
Debate:
Are you scaling into TP1 or waiting for a fakeout above 45.12?