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【$LTC Signal】Bearish continuation + 1H weak decline
$LTC 1H RSI 34.17, MACD negative divergence expanding. 4H Bollinger Band middle line at 55.84 acting as resistance, price running near the lower band. Market sell pressure 0.68%, buy depth 1.01 but actual transactions are bearish.
🎯Direction: Short
⚡Entry/Order: 55.50
🛑Stop loss: 56.38
🚀Target 1: 55.04
🚀Target 2: 54.59
🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price. If the price rebounds and breaks above 56.38, exit unconditionally.
1H continuous small bearish candles break below 55 support, funding rate normal but bulls lack strength, this kind of low-level consolidation often accelerates to test the bottom. Turnover rate is relatively low, so control position size when chasing shorts.
Check real-time market 👇 $LTC
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