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LTC Longs' last escape window?
$LTC /USDT - Short
Trading plan:
Entry: 43.59 – 43.71
SL: 44.21
TP1: 43.23
TP2: 42.95
TP3: 42.53
Why focus on this structure?
- On the 4H timeframe, short-side signal strength is 95%, and the 1D trend is clearly downward.
- Around 43.65, price is right at the EMA resistance level; the 15m RSI at 50.56 is not oversold yet, and there is room for further downside.
- Why now? Because price is testing the short defense line—once it breaks 43.23 (TP1), the probability of accelerated selling is extremely high.
Discussion:
Will this move go first to TP2 and then rebound, or will it straight-surge with a wick down to 42.53?