$LTC The 1H timeframe has entered the oversold zone, RSI shows signs of bullish divergence, and the price is testing the key support level on the 4H chart. Currently, the price is declining but open interest remains stable, indicating it’s not major selling by the big players but rather panic selling triggered by passive stop-losses of bulls, creating conditions for a rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 52.50 - 52.65 (Reason: 4H previous low support level + 1H RSI bullish divergence zone )
🚀Target 2: 54.60 (Reason: 4H EMA20 resistance + recent upper boundary of the range )
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Overall trend remains weak; this is a rebound game against the small trend in the larger trend )
- Execution Strategy: After entering, if the price quickly rebounds to 53.30 (1H EMA20), slightly reduce the position to lock in some profits. After reaching Target 1, move the stop loss up to the entry price. Hold the remaining position for Target 2.
Deep Logic: Although the price is falling, open interest remains stable, indicating that bears have not heavily accumulated positions; the downward momentum mainly comes from long liquidation. The 1H RSI has dropped to 34, and the price has made a new low while RSI has not, forming bullish divergence. The order book shows buy orders accumulating in the 52.50-52.60 range (over $1.3 million), with clear support. Negative funding rates also suggest a slight short squeeze expectation. This is a typical technical rebound opportunity after panic selling.
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【$LTC Signal】Pullback to Long! 1H Oversold Divergence + 4H Key Support, Rebound Imminent
$LTC The 1H timeframe has entered the oversold zone, RSI shows signs of bullish divergence, and the price is testing the key support level on the 4H chart. Currently, the price is declining but open interest remains stable, indicating it’s not major selling by the big players but rather panic selling triggered by passive stop-losses of bulls, creating conditions for a rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 52.50 - 52.65 (Reason: 4H previous low support level + 1H RSI bullish divergence zone )
🛑Stop Loss: 51.90 (Reason: Break below recent 4H low support + ATR(1.0) below )
🚀Target 1: 53.80 (Reason: 1H EMA50 resistance + previous rebound high )
🚀Target 2: 54.60 (Reason: 4H EMA20 resistance + recent upper boundary of the range )
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Overall trend remains weak; this is a rebound game against the small trend in the larger trend )
- Execution Strategy: After entering, if the price quickly rebounds to 53.30 (1H EMA20), slightly reduce the position to lock in some profits. After reaching Target 1, move the stop loss up to the entry price. Hold the remaining position for Target 2.
Deep Logic: Although the price is falling, open interest remains stable, indicating that bears have not heavily accumulated positions; the downward momentum mainly comes from long liquidation. The 1H RSI has dropped to 34, and the price has made a new low while RSI has not, forming bullish divergence. The order book shows buy orders accumulating in the 52.50-52.60 range (over $1.3 million), with clear support. Negative funding rates also suggest a slight short squeeze expectation. This is a typical technical rebound opportunity after panic selling.
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