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【$LTC】Empty Position, Major Fund Outflow/Buying Depth Gap/Bearish Structure
$LTC 4-hour MACD dead cross below zero, buying depth extremely thin, only 38 coins in sell orders above 55.4, while the 55.2-55.3 range below has extremely thick pending orders, with obvious fund support intention. However, the 1-hour chart shows price continuously oscillating in a narrow range of 55.4-56.2, trading volume shrinking, bulls and bears at a stalemate. Current profit/loss ratio is unclear, with major fund outflow signals, forced trading is equivalent to gambling.
🎯Direction: Empty Position🛡️Strategy: Wait for price to effectively break below 55.2 or break through 56.3 with volume expansion, then consider following.⚡Entry: Break below 55.2 to short, or break through 56.3 to go long.🛑Stop Loss: Short stop loss at 55.8, long stop loss at 55.8.🚀Targets: Bearish target 54.1, bullish target 58.5.
View Real-time Charts 👇 $LTC
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