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LTC long’s last escape window?
$LTC /USDT - short SHORT
Trading plan:
Entry: 44.43 – 44.55
SL: 45.09
TP1: 44.04
TP2: 43.74
TP3: 43.29
Why focus on this structure?
- 4-hour level direction is clear: SHORT, confidence 95%.
- Daily trend continues bearish; RSI on 15m is neutral-to-weak (50.56).
- Current price is 44.49; first target TP1 = 44.04, room about 1%.
- Why now? EMA is bear-aligned; ATR on 1h is only 0.25. After volatility contraction, it’s likely to break downwards.
Discussion:
Will this move break 44.04 directly, or will it first rebound to lure longs before dropping?