Is the crowd completely blind to this hidden trap?
Everyone is aggressively chasing the green candles right now, completely ignoring the massive resistance zone rejecting us at $43.51. This chart is flashing heavy warning signs that a brutal trap is forming for late buyers.
The RSI is hovering around a weak 49.53, showing a complete lack of real bullish momentum despite this recent push. I am officially positioning myself short here. The crowd thinks we are breaking out, but I am betting on a sharp rejection back down to test the $41.96 liquidity pool.
Play with fire if you want, but don’t say nobody warned you.
LTCUSDT
Perp
44.33
+3.06%