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Is the LTC long side still waiting for a rebound? 4-hour timeframe already shows a red light
$LTC /USDT - Go short SHORT
Trading plan:
Entry: 44.29 – 44.39
SL: 44.84
TP1: 43.96
TP2: 43.71
TP3: 43.33
Why watch this setup?
- 95% confidence SHORT signal, the 1D trend is clearly bearish.
- 15-minute RSI is only 34.23, in a weak zone—rebounds have little power.
- The current price 44.34 is pressing against EMA resistance; below, TP1=43.96 opens up room.
- Why now? After ATR volatility contraction, a volume expansion and breakdown are about to happen— the shorting window is fleeting.
Discussion:
Will this leg reach TP2 43.71 first, or will it be a bull-trap rebound that tags 44.55?