$LTC Short Strategy: Fading the Relief Bounce
Retail is trying to force an $LTC reversal, but the tape is completely exhausted. This push higher isn't backed by real accumulation; it is a weak relief bounce right into a heavy institutional supply wall. We are stepping in to fade this illusion of strength. Here are the execution parameters:
Entry Zone: 55.80 — 57.20 (Fading the dying momentum at overhead resistance)
TP1: 53.20 (Immediate structural mean reversion)
TP2: 50.80 (Mid-range liquidity sweep)
TP3: 47.90 (Macro downside continuation target)
Stop Loss: 61.00 (Strict invalidation above the major supply block)
Trade Logic:
This is not a clean reversal; it is a corrective structure. Buyers tried to press the price higher, but momentum flatlined and candle bodies are shrinking right at the resistance zone. Market makers are simply absorbing this weak retail buying pressure, using it as exit liquidity to build heavy short positions. By sniping our entry in the 55.80–57.20 block, we align with the hidden seller absorption. We don't chase dead-cat bounces; we fade them and harvest the downside continuation.
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