【$LTC Signal】Long - 1H breakout pullback confirmation, strong buy orders in the market

$LTC The 1H timeframe is consolidating strongly between 55.0-55.5, just completing a test and pullback confirmation of the previous high at 55.57. The 4H timeframe has stabilized above the EMA50 (54.16), indicating a shift from weak to strong trend. The 1H EMA20 (54.87) provides dynamic support. Currently, the price is at 55.05-55.06, a key market level with active bidding, with buy orders significantly thicker than sell orders, showing clear institutional support.

🎯Direction: Long (Long)

🎯Entry/Order: 55.05 - 55.10 (Reason: Dense support zone in the market, 1H EMA20 dynamic support moving upward )

🛑Stop Loss: 54.70 (Reason: Break below the 1H structure’s previous low and the critical support at 4H EMA50 )

🚀Target 1: 55.80 (Reason: Previous high resistance and 1H Fibonacci 0.618 extension level )

🚀Target 2: 56.50 (Reason: 4H previous high resistance and 1.0 extension level )

🛡Trade Management:

- Position Size Recommendation: Standard position (Reason: Multi-timeframe resonance, clear market support, risk-reward ratio >1.5 )

- Execution Strategy: After the price reaches 55.80, reduce position by 50% and move stop loss to entry price 55.10. The remaining position aims for the second target; if the price retraces to the cost area, exit unconditionally.

Depth Logic: Open interest (OI) remains stable, with the price slightly rising, indicating not just a short squeeze but genuine buy support. The 1H RSI (56.87) is in a healthy bullish zone with no overbought signals. Market depth imbalance is at 15.37%, with concentrated buy strength. Over 1000 buy orders are stacked at the 55.00 round number, forming a strong defense line. Negative funding rates suggest bears are dominant, but the price remains firm, indicating potential short squeeze momentum.

View real-time market 👇 (
---

Follow me: Get more real-time analysis and insights on the crypto market! )$LTC
$BTC