šØ BEARISH ALERT: LTCUSDT šØ
Current Price: $95.28 (-1.65%)
### Key Reasons to Watch for Downside:
1ļøā£ OBV (-11.99M): Heavy selling pressure dominates ā whales are dumping.
2ļøā£ Long/Short Ratio (2.22): Crowded longs (68.98%) risk a **liquidation cascade if price dips.
3ļøā£ Basis (-0.04%): Futures traders are bearish ā hedging for downside.
4ļøā£ RSI(6) at 46.93: Neutral, but NO oversold signal to support a bounce.
### Critical Levels:
- Breakdown Target: Drop to $93.78 (Lower Bollinger Band).
- Invalidation: Close above $95.69 (Middle Bollinger Band).
Strategy:
- Short with tight stop-loss above $96.00.
- TP1: $94.00 | TP2: $93.50 (24h low retest).
ā ļø Risk Warning: Over-leveraged longs could amplify volatility. Trade small!
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