LTC is range-bound all day but the 1h setup is begging for a fade.

$LTC /USDT - SHORT

Trade Plan:
Entry: 53.6 – 53.8
SL: 54.7
TP1: 52.9
TP2: 52.4
TP3: 51.6

Why this setup?
Why now? The daily trend is range, so mean reversion is the path of least resistance. The 1h ATR of 0.433407 shows expansion, which often precedes a directional flush. The 15m RSI sits at 40.65, signaling weakening momentum without yet oversold, so a short entry near 53.7 catches the tail. TP1 at 52.9 and TP2 at 52.4 align with the upper edge of the 1h range, while the invalidation level of 53.9 is the hard line in the sand. If price pushes above 53.9, the entire setup is invalidated and the range likely breaks higher.

Debate:
Are we fading this 1h range or trapping the shorts at 53.9?

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