🚨 LTCUSDC Perp: Critical Analysis & Trading Strategy 🚨
---
### 📉 Price Action Breakdown
- Current Price: `96.34` (-2.75% today | -4.94% weekly).
- Trend Mix:
- 📉 Short-Term: Bearish (SAR at `104.58` > price).
- 📈 30-Day: Bullish (+14.93%).
- 📉 90-Day: Bearish (-24.76%).
---
### 📊 Key Indicators
- MACD: `-0.88` ➜ Strong **bearish momentum.
- RSI(6): `46.70` ➜ Neutral (no extremes).
- Stochastic RSI: `12.86` ➜ Oversold (reversal watch!).
- Williams %R: `-70.09` ➜ Near oversold territory.
- Volume: Below MA(5/10) ➜ Weak participation.
---
### 📌 Market Sentiment
- Long Dominance: 69-73% Longs ➜ Long squeeze risk* if price dips further.
- Open Interest: `36.9K` ➜ Moderate activity.
---
### 🎯 Strategic Moves
1. Aggressive Traders:
- Consider small longs ONLY IF price reclaims SAR (`104.58`) or breaks resistance at `99.84`.
- Use tight stop-loss below `90.63` (recent low).
2. Conservative Traders:
- Wait for **MACD crossover to positive** or RSI >50.
3. Long-Term: Monitor 30-day bullish trend vs. 90-day bearish pressure.
---
### ⚠️ Critical Warnings
- SAR Resistance: Price below SAR signals downtrend continuation.
- High Longs: A drop could trigger panic selling.
- Key Support: `90.63` is a make-or-break level.
--
🔥 Are you buying the dip, shorting, or waiting? Share your plan! 👇