$LTC Signal】1H oversold rebound encounters resistance, short position buried at 54.5


$LTC 1H RSI dips below 30, buying depth indicator of 1.17 shows heavy order accumulation below, but 4H MACD green bars continue to expand, indicating bearish momentum has not yet exhausted. During the session, rebound to around 54.5 shows obvious selling pressure, and the funding rate of -0.0084% has not triggered a short squeeze. The current price is oscillating near the lower Bollinger Band, and the 1H MACD narrowing suggests a decision on direction is imminent. Objectively, shorting at the rebound high offers a more favorable risk-reward ratio, no need to chase the dip.

🎯Direction: short

⚡Entry/Order: 54.50 - 54.89

🛑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 through 55.33, exit all positions to protect capital.

Placing orders at the rebound high is more reliable than chasing a short. Although support below is strong, the trend suppression has not been broken.

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