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Everyone’s still buying LTC at 44.91—but the whale wallet data says they’re front-running the dump.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.83 – 44.99
SL: 45.72
TP1: 44.31
TP2: 43.90
TP3: 43.30
Why this setup?
• 4H timeframe shows 95% confidence SHORT, with RSI on 15m at 48.3—neutral but leaning bearish.
• ATR on 1H is tight at 0.3357, suggesting a breakout is imminent, not a drift.
• Primary targets: TP1 at 44.31, TP2 at 43.90. Invalidation is only at 44.82—meaning the moment price touches 44.83, this trade is live.
• Why now? The 1D trend is bearish, and the alt entry targets are all above 45.5—a classic trap setup.
Debate:
If price sweeps 44.83 and then rejects, are you shorting to TP2 or waiting for a retest of 45.72?