LTC is slashing lower after a failed bounce, and the bears are tightening the grip. Momentum is screaming short as price tests the recent swing high.

🔴 $LTC SHORT 📉 — Trade Plan
• Entry: $66.1338 – $66.2662
• Stop: $68.1860 (-3.0%)
• Target 1: $65.2070 (+1.5%)
• Target 2: $62.8900 (+5.0%)
• R/R 1:1.7 | Confidence 64%

A clear change of character broke the swing high, confirming a bearish market structure. Volume divergence shows sellers dominating, while a fair value gap sits right above the order block, creating a point of interest where the two overlap. The confluence of CHoCH, CVD, FVG and the OB gives the short entry a solid edge.

A 3.0% stop is a bit tight on this swing, so stick to low leverage, around 2-3x.

Take half off the table once price hits the first target to lock in the early gain.

Not financial advice — trade only what you can afford to lose 🙏

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