🔥#LTCUSDT PERP: EXTREME OVERSOLD - SQUEEZE IMMINENT! 🔥
Nuclear Oversold Signals:
➠ RSI(6): 11.32 - Lowest since 2023!
➠ Williams %R: -92.47 + STOCHRSI: 0.00
➠ 79.5% Accounts LONG - liquidations fueling reversal
➠ Bollinger Break: Trading BELOW lower band ($88.58)
Critical Context:
- Price crashed -8.1% to test $86.32 (24H low).
- MACD -0.79 (bear momentum PEAKING).
- Basis -0.06% (futures discount = max fear).
Trade Strategy:
⚠️ SHORTS: TAKE PROFIT NOW** (Oversold bounce due)
⚡ **LONGS: Aggressive entries $86.50-$87.00**:
- Target 1: $90.00 (Middle Bollinger Band)
- Target 2: $92.50 (Liquidation cascade zone)
🔒 Stop: $85.99 (Below 24H low = breakdown)
MATH says BOUNCE: RSI<12 occurs <1% yearly.
> 💡 Pro Tip: Watch for 15m candle close > $88.00 to confirm reversal acceleration! Reduce leverage to 5x until volatility settles.
Caution: Daily close < $86.30 invalidates thesis - exit immediately!