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LTC longers’ last escape window?
$LTC /USDT - Sell SHORT
Trading plan:
Entry: 44.50 – 44.60
SL: 45.06
TP1: 44.16
TP2: 43.91
TP3: 43.52
Why watch this structure?
• 4-hour timeframe shorts control the market; 1D trend confirms bearish. A 95% high-confidence SHORT signal has been triggered
• RSI on 15m is only 48.34, not oversold, so downside room remains
• Current price 44.55 is hugging EMA resistance. TP1=44.16, TP2=43.91, risk-reward 1:3
Discussion:
Will this move reach TP2 first and then bounce, or will it poke to 44.16 first and then lure longs?