Fading $LTC 's rejection with a 75x short.
I've entered a 75x isolated short as LTC faces resistance at 52.70546–52.83407.
Trade Plan:
- Entry: 52.70546 – 52.83407
- TP1: 52.38392 (R:R 1:1.0)
- TP2: 52.25531 (R:R 1:1.3)
- TP3: 51.99808 (R:R 1:2.0)
- SL: 53.15561
Why this setup?
- The 4h bearish structure remains intact, with price reacting from the 52.70546–52.83407 zone near 52.76976.
- On the 15m chart, RSI at 29 allows for further downside if selling pressure persists.
- 15m volume is elevated at 0.93x, with 2.91K traded versus 3.11K expected, confirming active sell-side participation.
My call. Your execution.
Trade here 👇 and What's your target if you're in this trade?
