LE Short — Live cattle's bounce is just bait for the next leg doLive Cattle FuturesCME:LE1!mnktrdLive cattle futures are facing an aggressive selloff, with fundamental reports highlighting multi-month lows and heavy weekly losses. This fundamentally bearish backdrop perfectly complements the hourly failed breakout. Offering a compelling 3.23R to the downside without being extended, this is a highly convicted short. 📍 Entry: 231.025 🛑 Stop: 233.600 🎯 Target: 222.750 ⚖️ R:R: 3.21