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Most traders will buy LTC here—I’m waiting for the dump instead.
$LTC /USDT - SHORT
Trade Plan:
Entry: 44.28 – 44.40
SL: 44.93
TP1: 43.90
TP2: 43.61
TP3: 43.17
Why this setup?
- LTC is sitting at 44.34 with a 95% SHORT confidence and a bearish 1D trend.
- RSI on 15m is 70.05—overbought in a downtrend.
- Entry is tight: 44.28–44.40. TP1 at 43.90, TP2 at 43.61.
- Why now? The 4h structure favors rejection, not continuation.
Debate:
Are you scalping the bounce or waiting for the breakdown to TP2?