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Is the LTC longs still holding up? On the 4-hour timeframe, shorts have already locked in a 95% win rate
$LTC /USDT - SHORT sell
Trading plan:
Entry: 44.95 – 45.11
SL: 45.84
TP1: 44.42
TP2: 44.01
TP3: 43.41
Why focus on this structure?
- The 1D trend is clearly bearish; 4h EMA suppression has been persistent, and the 15m RSI is only 45.08—rebounds are weak.
- Why now? Current 45.03 is close to the resistance zone; LTC has failed to hold above 45.50 for two consecutive days, and the short structure is intact.
- Based on ATR 1h = 0.338: after volatility convergence, it’s about to break down; TP1 = 44.42 is only 1.3% away.
Discussion:
Do you think this move will hit TP2 44.01 first, or will the main force pump to blow up the shorts before it drops?