$LTC Bull Trap or Just a Retest?
After failing to hold above $94.38, $LTC is clearly respecting a lower high structure, continuing the broader downtrend from $102+. The recent bounce looks like a dead cat bounce rejecting resistance.
SHORT Trade Setup (Swing/Intraday):
Entry Zone: $86.80 – $87.20
TP1: $84.50
TP2: $82.20
Stop Loss: $88.50
Structure Breakdown Insight:
Lower highs: $102.39 → $97.15 → $94.38
Market structure: clean downtrend
Resistance & support zones clearly defined on 4H
Bonus Tip: $LTC Look for rejection candle at resistance or bearish divergence on RSI for extra confirmation before entry.
