Trading Plan: $LIT
Price action is compressing in a tight range after a recent sweep of the local lows, setting up a clear battleground for the next explosive move. Order flow is currently trapped between immediate boundaries, making the Sup1 level of 2.1753 the make-or-break pivot for momentum traders.
Long Scenario: If the bulls defend this liquidity pool and engineer a strong volume impulse off 2.1753, look for an expansion to reclaim structural overhead targets.
Target 1: 2.2533
Target 2: 2.3665
Target 3: 2.4445
Short Scenario: A clean breakdown and acceptance below 2.1753 indicates a breakdown failure, flipping the bias heavy and opening the trap door to lower demand blocks.
Target 1: 2.0621
Target 2: 1.9841
Target 3: 1.9100
Do Your Own Research / Not Financial Advice.
Click the chart widget below to trade. 👇$LIT
Price action is compressing in a tight range after a recent sweep of the local lows, setting up a clear battleground for the next explosive move. Order flow is currently trapped between immediate boundaries, making the Sup1 level of 2.1753 the make-or-break pivot for momentum traders.
Long Scenario: If the bulls defend this liquidity pool and engineer a strong volume impulse off 2.1753, look for an expansion to reclaim structural overhead targets.
Target 1: 2.2533
Target 2: 2.3665
Target 3: 2.4445
Short Scenario: A clean breakdown and acceptance below 2.1753 indicates a breakdown failure, flipping the bias heavy and opening the trap door to lower demand blocks.
Target 1: 2.0621
Target 2: 1.9841
Target 3: 1.9100
Do Your Own Research / Not Financial Advice.
Click the chart widget below to trade. 👇$LIT