Has LTC’s drop below 46.89 just begun?



$LTC /USDT - SHORT to go short

Trading plan:
Entry: 46.79 – 46.99
SL: 47.85
TP1: 46.17
TP2: 45.69
TP3: 44.96

Why focus on this structure?
On the 4-hour timeframe, the trend is bearish; on the 15-minute timeframe, RSI is 51.48, and it hasn’t become oversold yet. The entry reference is 46.89, with TP1 at 46.17 and TP2 at 45.69. Why now? Because EMA resistance is clearly pressuring the price—weak rebounds are a signal for the shorts to add positions.

Discussion:
Do you think this move in LTC will directly dump to TP3 at 44.96, or will there be a bounce to lure longs first before it drops?
LTC3.37%
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