LTC longs’ final frenzy?



$LTC /USDT - short SHORT

Trading plan:
Entry: 44.51 – 44.65
SL: 45.21
TP1: 44.11
TP2: 43.79
TP3: 43.32

Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish. RSI (15m) is only 59.64, and the rebound lacks strength.
- The 1-day chart is bearish. ATR (1h) is 0.262, volatility is contracting, and a breakout is about to happen.
- Current price is 44.58. TP1 is 44.11 (-1%), TP2 is 43.79 (-1.8%), stop loss is 45.21 (+1.4%), and the risk-reward ratio is excellent.
- Why now? RSI hasn’t reached overbought, EMA pressure is clear, and bearish momentum is building.

Discussion:
Will this move hit TP2 first, or will it fake a pump to push price through the stop loss, then drop?
LTC0.97%
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