【$LTC Signal】Within the bearish channel, rebound is an opportunity to short

$LTC 1H moving averages are dead-crossing and suppressing, with the price firmly held below the middle band of the Bollinger Bands. The 4H MACD histogram continues to expand, indicating ongoing bearish momentum.

🎯Direction: Short on rebounds

⚡Entry: Short directly around 54.49

🛑Stop loss: 54.93

🚀Target 1: 53.62

🚀Target 2: 53.19

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss down to the entry price. If the rebound shows weakness, hold and aim for Target 2.

Sell orders are stacked above 54, while buy orders are concentrated below 53.7, indicating weak upward structure. The 1-hour RSI hovers weakly around 38, lacking effective rebound momentum. Open interest remains stable but funding rates are negative, with shorts paying fees, so short-term selling pressure persists. The risk-reward ratio is acceptable at this level, but quick in-and-out is necessary.

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