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$LTC Signal】Long | Demand Zone Formed After Panic Selling
$LTC Experienced a severe panic sell-off on the 4H chart (bottomed at 45.0), but the price quickly rebounded above the key psychological level of 50.0, forming a long lower shadow, indicating strong buying absorption below.
🎯 Direction: Long
🎯 Entry: 50.8 - 51.5
🛑 Stop Loss: 49.7 ( Rigid stop loss, break below demand zone low )
🚀 Target 1: 54.2 ( Recent rebound high and order book resistance )
🚀 Target 2: 56.5 ( Lower boundary of previous consolidation zone and Fibonacci 0.618 retracement level )
Deep technical logic: The 4H can