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LTC Bulls’ last line of defense? 44.50 is the watershed.
$LTC /USDT - short SHORT
Trading plan:
Entry: 44.35 – 44.47
SL: 44.98
TP1: 43.98
TP2: 43.70
TP3: 43.27
Why focus on this setup?
- On the 4-hour timeframe, the short trend is clear. The 15-minute RSI has fallen to 22.6—oversold, but not reversed yet.
- Current price is 44.41, exactly a reference level for the short entry. TP1 is 43.98, TP2 is 43.70, SL is 44.98.
- Why now? The 1-hour ATR is only 0.237; after volatility narrows, breakouts often accelerate.
Discussion:
Do you think this move will hit TP2 43.70 first, or will it fake-break lower and then pull back to 44.84?