$LTC Signal: 4H bearish continuation, a weak rebound on the 1H — short

$LTC 4H MACD double lines have bottomed out, and the histogram keeps expanding downward. The 1H RSI is only 30.20; the rebound lacks strength. Although buy-side depth is slightly dominant, the fund support is not firm. The lower band of the Bollinger Bands at 51.54 has already been touched, and the bearish momentum still has room to release.
🎯 Direction: Short
⚡ Entry/Order: 52.40 - 52.90 (recommended order range; enter when the rebound faces resistance)
🛑 Stop Loss: 55.33
🚀 Target 1: 54.01
🚀 Target 2: 53.57
🛡️ Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss down to the entry price. If the price rebounds and breaks the stop loss, abandon this trade.
Depth logic: While the 1H MACD histogram’s fast line is converging, the 4H bearish trend remains unchanged. Support near the lower Bollinger Band is weak, and with a negative funding rate, the rebound potential is limited. Under this structure, the short trade’s risk-reward ratio is acceptable.
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