🚨 Bears squeeze $LTC into a vice: where to find an entry point for a short?
On the 15m timeframe locally, price is trying to make a corrective bounce after a sharp drop.
But don’t rush to buy—this is a classic long trap against the global trend.
We’re waiting for a retest of the higher resistance and the local order block to find a quality short entry point.
Trading plan for LTC:
Entry Zone: 51.80 – 52.40 (retest of the consolidation zone and local OB)
Take Profit: 49.00 / 46.50 (liquidity pool sweep at supports)
Stop Loss: 53.10 (above the local high; a close above breaks the short scenario)
⚠️ Don’t be afraid to miss the move. Trade in line with the trend of higher timeframes and wait for confirmation in the key zones of interest.
👉
#LTC #smartmoney #cryptotrading
On the 15m timeframe locally, price is trying to make a corrective bounce after a sharp drop.
But don’t rush to buy—this is a classic long trap against the global trend.
We’re waiting for a retest of the higher resistance and the local order block to find a quality short entry point.
Trading plan for LTC:
Entry Zone: 51.80 – 52.40 (retest of the consolidation zone and local OB)
Take Profit: 49.00 / 46.50 (liquidity pool sweep at supports)
Stop Loss: 53.10 (above the local high; a close above breaks the short scenario)
⚠️ Don’t be afraid to miss the move. Trade in line with the trend of higher timeframes and wait for confirmation in the key zones of interest.
👉
#LTC #smartmoney #cryptotrading