Below the 58.55 ceiling — lower highs persist.
🔴 $LTC - SHORT
Trade Plan:
Current Price: ~54.41
Entry Zone: 54.80 – 56.20
SL: 57.80
TP1: 52.50
TP2: 50.50
TP3: 47.80
LTC rolled to 54.41 after failing to hold the 56 handle, and the structure remains a series of lower highs from the 61.0 swing beneath the 58.55 key resistance. The 54.80–56.20 retest zone aligns with the broken shelf and the 4H EMA50 at 55.90, which is sloping down. Volume profile shows the heaviest node at 54.5–57.5 where trapped longs supply every bounce. RSI at 53 is neutral with no divergence. A 4H close above 57.80 invalidates the lower-high thesis.
Fading the 54.80–56.20 retest or waiting for 52.50?
Click below for trade 👇
DYOR & manage risk!
$LTC
🔴 $LTC - SHORT
Trade Plan:
Current Price: ~54.41
Entry Zone: 54.80 – 56.20
SL: 57.80
TP1: 52.50
TP2: 50.50
TP3: 47.80
LTC rolled to 54.41 after failing to hold the 56 handle, and the structure remains a series of lower highs from the 61.0 swing beneath the 58.55 key resistance. The 54.80–56.20 retest zone aligns with the broken shelf and the 4H EMA50 at 55.90, which is sloping down. Volume profile shows the heaviest node at 54.5–57.5 where trapped longs supply every bounce. RSI at 53 is neutral with no divergence. A 4H close above 57.80 invalidates the lower-high thesis.
Fading the 54.80–56.20 retest or waiting for 52.50?
Click below for trade 👇
DYOR & manage risk!
$LTC
