🚨 $LTC/USDC Perp: Bearish Dominance – Strategic Levels & Trade Plan
📉 Price Snapshot:
🔴 94.44 USDC (-4.01% today | -24.33% 30D)
⚠️ 1Y Trend: -14.17% – Macro downtrend intact.
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### 🔥 Key Insights
1️⃣ Bollinger Bands (20,2)
- UP: 101.33 (Resistance) | MB: 97.00 (Pivot) | DN: 92.67 (Critical Support)
- Price below MB confirms bearish control. Watch DN for breakdown or reversal.
2️⃣ Momentum & Sentiment
- MACD: -0.37 (Bearish momentum; DIF/DEA both negative).
- RSI(6): 38.88 (Neutral, no oversold signal).
- Stoch RSI: 7.31 (Extreme oversold – potential contrarian signal, but unconfirmed).
3️⃣ Volume & Positioning
- Volume: 18,320 (↓ 63% below 5D MA) – Weak participation.
- Long/Short Ratio: 2.83 (74% longs) – Crowded longs risk liquidations.
- Basis Rate: -0.05% (Futures slightly bearish).
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### 🎯 Trading Strategy
✅ Bear Case: Price holds below 97.00 (MB) → Target 92.67 (DN). Break below opens path to 85-88.
✅ Bull Case: Reclaim 97.00 + rising volume → Short-term relief to 101.33 (UP).
⚡ High-Risk Play: Only consider longs if:
- Price bounces firmly off 92.67 + Stoch RSI reversal + MACD bullish crossover.
- Stop-loss: Tight below 92.50.
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### 📊 Risk Management Essentials
- Stop-Loss Mandatory: Below key support (92.50) or 3-5% of entry.
- Position Size: Small (1-2% portfolio) given volatility.
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📌 Final Call: Avoid new longs until bullish confirmation. Focus on shorts or sidelines.
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“Will LTC defend 92.67, or is another leg down inevitable? Share your analysis below! 👇