LTC is coiling for a move that most traders are completely ignoring right now.

$LTC /USDT - SHORT

Trade Plan:
Entry: 53.73 – 53.89
SL: 54.60
TP1: 53.22
TP2: 52.82
TP3: 52.23

Why this setup?
Why now? The daily trend is range-bound, which often sets up a violent breakout once the edges get tested. The 1h ATR of 0.328915 tells us the current volatility is compressed enough for a sharp directional move. The 15m RSI at 45.12 shows the asset is just below neutral, hinting at bearish momentum without being overextended. The entry zone sits between 53.73 and 53.89, while TP1 targets 53.22 and TP2 aims for 52.82. The invalidation level at 53.60 is the hard line that separates a valid short from a failed setup.

Debate:
Are we hitting TP2 or getting trapped by a range breakout?

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.