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Everyone’s bearish on LTC—my data says they’re wrong.
$LTC /USDT - LONG
Trade Plan:
Entry: 41.97 – 42.13
SL: 41.05
TP1: 42.80
TP2: 43.30
TP3: 44.05
Why this setup?
84% confidence LONG on LTC/USDT. 4h timeframe shows RSI (15m) at 42.59—oversold bounce zone. ATR 0.32 confirms tight squeeze setup. Entry at 42.05 with TP1 42.80, TP2 43.30. Why now? Daily trend is bearish but local momentum flips—this is a counter-trend scalp with high reward.
Debate:
Is this a dead cat bounce or the start of a 44.05 breakout?