$LTC is pushing into supply — if it rejects, the unwind can be quick. 🔴
$LTC - SHORT
Trade Plan:
Entry: 52.797 – 53.043
SL: 53.661
TP1: 52.179
TP2: 51.933
TP3: 51.439
Why this setup?
LTC downside continuation setup on 4h; 1D is bearish, so the edge comes from execution at the zone. Execution box: (52.797-53.043) (mid ≈ 52.920). ATR 1H: 0.494 (~0.9%) → risk is quantifiable. Lower TF RSI (15m) 54 → momentum allows downside to develop
Rule: keep 55.029 intact. Target 52.179 first (~1.4%), RR ~0.35. If pressure persists, extension points to 51.439 (~2.8%, RR ~0.70). Acceptance beyond 55.029 = thesis broken.
Debate:
Is this a controlled drop into 52.179, or a deeper unwind to 51.439?
Trade here 👇 and comment your bias!
