🔻 $LTC 1H WAITING SHORT – Litecoin is leaning on its November floor

📉 Trend: 49.58 is below 1H EMA50 50.57 / EMA200 52.03 and 4H EMA50 52.06 / EMA200 56.15. Lower highs since 51.71 on Nov 11, and price has pressed 49.0-49.4 four times this month.
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🎯 Plan (only after publication):
Activation on a 1H close below 49.00 (under the Nov 8 low). Then sell limit 49.30 on the retest of broken support.
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🛑 Stop: 49.99 (49.86 swing high + 0.3×ATR 0.43)
✅ TP1: 48.00 (Aug 28 low 47.93) ~1.5R
✅ TP2: 47.60 (Aug 30-31 lows) ~2.0R
(R net of 0.1% fee per side)
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🧠 Why: trend-following. A support hit this many times tends to weaken, and below it the chart has little structure until the late-August lows.
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⚠️ Cancel if a 1H close is above 49.99 before entry, or 48.00 prints before fill. Expires in 24h. Risk 1%: size = 1% of equity ÷ (49.99 − 49.30). Confidence: medium.
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Not financial advice. DYOR.
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