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Everyone is bullish on LTC—except the data that just flashed 95% SHORT confidence.
$LTC /USDT - SHORT
Trade Plan:
Entry: 45.39 – 45.55
SL: 46.25
TP1: 44.89
TP2: 44.50
TP3: 43.91
Why this setup?
Why now? The 4h timeframe confirms a bearish trend despite a 15m RSI at 62.47 (overbought short-term). The 1h ATR of 0.324 shows tight range, but the entry at 45.47 sits near resistance with TP1 at 44.89—a 1.3% drop. The daily trend is bearish, and the signal is waiting to trigger.
Debate:
Is 44.89 a guaranteed flush, or will the bulls trap shorts before a bounce?