This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
# 🚀 $LTC Continuing Bullish|Rebound Signal
**2026.02.23**
Direction: Going long on $LTC, betting on a technical rebound
### Core Logic
- On-chain: Daily trading volume **186,000 transactions**, second only to PoW public chains, strong network activity
- Institutions: **Coinbase launches LTC lending**, increasing institutional demand
- Technical: Price movement forming an **ascending triangle**, a breakout above $56 could accelerate upward toward $61–$62; RSI oversold, rebound demand is clear
### Trading Strategy
- Entry: Buy low within the **$50.8 – $52.8** support zone
- Targets: **$56 → $61 → $62**
- Stop-loss: **$48.5**
- Leverage: **5–10x** (mainly light positions)