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Everyone is waiting for a LTC bounce, but the 4h data says the trap is already set.
$LTC /USDT - SHORT
Trade Plan:
Entry: 42.86 – 43.04
SL: 44.07
TP1: 42.11
TP2: 41.55
TP3: 40.72
Why this setup?
Why now? The 1D trend is bearish, and with an 80% SHORT confidence, the 4h EMA structure is breaking down. RSI at 68 on the 15m shows local exhaustion—no momentum to push higher. Entry at 42.95 with TP1 at 42.11 is the immediate target before the real drop.
Debate:
Is this a quick scalp or the start of a larger breakdown?