【$LTC Signal】1H breakout retest confirmation, light position for short-term rebound

$LTC The 1H timeframe is consolidating strongly above the EMA20, just completing a breakout retest of the key level at 53.3. Although the 4H timeframe is still in a consolidation zone, the momentum on the 1H has already turned stronger, and the price is stabilizing above the short-term moving averages. Coupled with a negative funding rate environment, there is a short-term opportunity for a short squeeze rebound.

🎯Direction: Long (Long)

🎯Entry/Order: 53.3 - 53.4 (Reason: 1H EMA20 support + breakout retest confirmation level )

🛑Stop Loss: 52.7 (Reason: Break below the previous 1H low and EMA50 support )

🚀Target 1: 54.2 (Reason: Recent high resistance on the 4H timeframe )

🚀Target 2: 55.0 (Reason: 1.618 Fibonacci extension level and psychological barrier )

🛡Trade Management:

- Position suggestion: Light position (Reason: 4H trend is not fully clear, belongs to short-term trading )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry point. Hold remaining position for Target 2. If price retraces to cost basis, exit all.

Deep logic: Price has stabilized above the EMA20(53.04) and EMA50(52.95) on the 1H timeframe, forming a short-term bullish alignment. RSI on 1H(56.63) is in a healthy bullish zone, with room to rise. Market depth data shows buy orders (53.2-53.33 range) are much thicker than sell orders (53.34-53.45), indicating an imbalance favorable to upward movement. Although open interest trend is stable, the negative funding rate environment keeps prices firm, implying a squeeze risk for shorts. Currently, the price is in the upper middle of the 4H consolidation zone; breaking 54.2 could open up more space.

Trade here 👇 $LTC

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