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Is LTC bulls still stubbornly holding on? A SHORT signal has already been issued on the 4-hour timeframe
$LTC /USDT - Short SHORT
Trading plan:
Entry: 46.77 – 46.97
SL: 47.79
TP1: 46.18
TP2: 45.72
TP3: 45.04
Why focus on this structure?
• Direction: SHORT. Entry 46.87. TP1 at 46.18. TP2 at 45.72• RSI 15 minutes 48.96, neutral-to-weak, not oversold• Daily trend is ranging; 4-hour timeframe favors the bears, with clear EMA suppression• Why now? Price at 46.87 is stuck at the resistance level, volume is shrinking, and the bears are building momentum
Discussion:
Will this move reach TP2 at 45.72 first, or is it a bear trap rebound? Drop your view in the comments!