【$LTC Signal】Pullback to Long + 1H RSI Bottom Divergence, Main Force Protecting the Market
$LTC The 1H timeframe is oscillating around a critical support zone (54.4-54.8), forming a bottom. RSI shows a bottom divergence signal. Although the 4H timeframe is in a downward oscillation channel, open interest (OI) remains stable. The price decline has not triggered a large-scale long liquidation, indicating that the main force may be defending the market. Currently, the 1H candlestick is attempting to stabilize above the EMA20 (55.47). A volume breakout would confirm the start of a short-term rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 54.60 - 54.80 (Gradually accumulating near the current price)
🛑Stop Loss: 54.20 (Break below previous low and dense support zone)
🚀Target 1: 55.80 (4H EMA20 and previous high resistance)
🚀Target 2: 56.50 (Previous high on 4H and upper channel boundary)
🛡️Trade Management:
- Position suggestion: Light position (Reason: 4H trend has not fully turned bullish, belongs to a left-side game)
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 one-hour candles without a move upward, consider closing half and waiting for clearer signals.
Deep logic: Market depth data shows buy-side depth below 54.8 (bid_ask_ratio_depth: 0.90), indicating support. The 1H RSI (41.53) has exited oversold territory and formed a bottom divergence, with rebound momentum building. The key is whether the 1H close can hold above 55.20 (near EMA20_1h), which is a confirmation signal for a short-term shift to strength. Stable OI while the price declines aligns with the previous characteristics of a short squeeze, making it a good opportunity for accumulation.
View real-time market 👇 $LTC
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【$LTC Signal】Pullback to Long + 1H RSI Bottom Divergence, Main Force Protecting the Market
$LTC The 1H timeframe is oscillating around a critical support zone (54.4-54.8), forming a bottom. RSI shows a bottom divergence signal. Although the 4H timeframe is in a downward oscillation channel, open interest (OI) remains stable. The price decline has not triggered a large-scale long liquidation, indicating that the main force may be defending the market. Currently, the 1H candlestick is attempting to stabilize above the EMA20 (55.47). A volume breakout would confirm the start of a short-term rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 54.60 - 54.80 (Gradually accumulating near the current price)
🛑Stop Loss: 54.20 (Break below previous low and dense support zone)
🚀Target 1: 55.80 (4H EMA20 and previous high resistance)
🚀Target 2: 56.50 (Previous high on 4H and upper channel boundary)
🛡️Trade Management:
- Position suggestion: Light position (Reason: 4H trend has not fully turned bullish, belongs to a left-side game)
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 one-hour candles without a move upward, consider closing half and waiting for clearer signals.
Deep logic: Market depth data shows buy-side depth below 54.8 (bid_ask_ratio_depth: 0.90), indicating support. The 1H RSI (41.53) has exited oversold territory and formed a bottom divergence, with rebound momentum building. The key is whether the 1H close can hold above 55.20 (near EMA20_1h), which is a confirmation signal for a short-term shift to strength. Stable OI while the price declines aligns with the previous characteristics of a short squeeze, making it a good opportunity for accumulation.
View real-time market 👇 $LTC
---
Follow me: Get more real-time analysis and insights on the crypto market!