【$LTC Signal】Long | Breakout Retest Confirmation

$LTC After breaking the previous high on the 4H timeframe and a healthy retest, the price found buying support in the 55.0-55.2 range, forming a breakout confirmation structure.

🎯 Direction: Long

🎯 Entry: 55.10 - 55.30

🛑 Stop Loss: 54.60 ( Rigid Stop Loss )

🚀 Target 1: 57.50

🚀 Target 2: 59.80

Logical core: The price broke above the previous high of 54.9, with four consecutive 4H candles closing above it, confirming an effective breakout. During the retest, trading volume shrank (from 337,000 to 83,000), indicating weakening selling pressure. Although Taker Volume is negative (selling dominated), the price refused to drop sharply, and the buy/sell ratio remained between 0.44-0.52, suggesting a coexistence of short covering and long accumulation. The order book shows dense buy orders in the 55.0-55.1 range (845-1164 LTC), forming strong support. Negative funding rates suppress overheating, favoring continued bullish momentum. This is a classic breakout-retest-continue pattern.

Trade here 👇 $LTC

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