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LTC bulls’ last line of defense—still a bull trap?
$LTC /USDT - Go short SHORT
Trading plan:
Entry: 44.89 – 45.03
SL: 45.62
TP1: 44.46
TP2: 44.13
TP3: 43.64
Why focus on this structure?
On the 4-hour EMA, the shorts are in bearish alignment; RSI at 46 is neutral but slightly weak, and the 1-day trend is clearly bearish. A 95% high-win-rate SHORT signal has been activated. Entry at 44.96 is tight to the current price; TP1 is 44.46 and TP2 is 44.13. Why now? The 15-minute RSI is 46 and hasn’t reached oversold yet, and the rebound lacks strength—bearish momentum could accelerate at any time.
Discussion:
Will this move reach TP2 first, or will it be a bull-trap rebound that runs up to the SL at 45.62?