Everyone’s staring at LTC’s 15m RSI at 73—but the 4h tape is already whispering a trap.
$LTC /USDT - SHORT
Trade Plan:
Entry: 52.7 – 52.9
SL: 53.9
TP1: 52.0
TP2: 51.4
TP3: 50.6
Why this setup?
- The 1D trend is *range*, not breakout—so this 52.8 pop is just mean-reversion fuel.
- 15m RSI 73.64 is overheated; shorts are waiting at 52.8–52.9 with TP1 at 52.0.
- ATR 1h at 0.46 means volatility is tight—when it snaps, it snaps down.
- Why now? The “waiting” status means the setup hasn’t fired yet—you’re early, not late.
Debate:
Is 52.8 the perfect short entry, or are we about to get