$LTC This short position primarily targets a failed breakout on a four-hour timeframe.

Judging from the order book and chart, LTC surged to around 48.23 at the front, but failed to break through further; afterward, the price began to weaken, and successive highs kept getting lower. On the four-hour chart, bearish candles continued to appear in sequence, with noticeably weak rebound strength. Ultimately, the price broke below support around 45.60, further confirming the downtrend.

From a technical perspective, the MACD formed a dead cross at the high level, while the red histogram kept shrinking. After the DIF fell below the DEA, bearish momentum gradually strengthened. The EMA moving averages started turning downward; the price is now trading below the moving averages, indicating that the short-term trend has shifted from bullish to bearish.

Meanwhile, once the middle band of the BOLL was lost, the price moved along the vicinity of the lower band, suggesting that sell pressure has been continuously released.

The main camp also synchronized the LTC short position in advance, entered around 47.85, with 75x leverage; the current profit is already 361.82%.

Congratulations to the brothers who followed in early—this move is about profiting from a trend pullback. For those who didn’t participate, there’s no need to rush; wait for the next four-hour structural opportunity.

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