Don’t rush LTC longs—are you 95% sure about this short signal?



$LTC /USDT - SHORT

Trading Plan:
Entry: 43.74 – 43.88
SL: 44.45
TP1: 43.33
TP2: 43.01
TP3: 42.53

Why focus on this structure?
- 4-hour bearish confirmation; the 1-day trend is clearly bearish, and rebounds are weak under EMA pressure.
- 15-minute RSI at 45.78 is weak in momentum; it hasn’t reached the oversold zone yet, so there’s still room to drop.
- Current price around 43.81: TP1=43.33, TP2=43.01. The risk-reward ratio is over 2:1, and the stop loss at 44.45 is reasonable.
- Why now? The 15-minute RSI hasn’t bottomed; the shorts have just started—best timing to enter with the trend.

Discussion:
Do you think this LTC move will reach TP2 first, or will it get a bull trap and be pulled back up?
LTC0.80%
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