Is LTC’s 44.76 a trap or a springboard?



$LTC /USDT - short SHORT

Trading plan:
Entry: 44.71 – 44.81
SL: 45.24
TP1: 44.40
TP2: 44.16
TP3: 43.81

Why focus on this structure?
- The 1D trend is clearly bearish; the 4H SHORT signal has 95% confidence.
- 15-minute RSI is 60.18; it hasn’t hit overbought yet, and bearish momentum is still building.
- Current price is 44.76, nearing EMA resistance pressure; any rebound is a short entry point.
- Stop loss at 45.24; reward-to-risk is 1:3, with TP1 44.40 and TP2 44.16.

Discussion:
Will this move first wick into TP2 and then rebound, or will it break through 44.16 directly and accelerate downward?
LTC-1.33%
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