$LTC
From an hourly perspective, the market is aggressively advancing after breaking through the middle Bollinger Band, with moving averages all turning upwards, indicating short-term momentum has been released.
However, it is worth noting that there is significant resistance from the moving averages above, the MACD dual lines are still stubbornly lingering below the zero axis, and the KDJ indicator is even showing signs of stagnation at a high level, with K and J values approaching the overbought zone. This suggests that this rebound feels more like a last-ditch effort and could quickly turn downward after facing resistance, with a new downward trend potentially unfolding rapidly.
I personally suggest considering entering LTC between 111-113, with a target looking down at 105-100, and for the medium to long term aiming at 90!
