LIT is trading just below the recent swing high, eyes on the 2.8% drop from yesterday's close. Momentum is fading as sellers press the 1.5% bearish divergence.
🔴 $LIT SHORT 📉
Entry → $4.1380-$4.1462
Stop → $4.2664 (-3.0%)
TP1 → $4.0800 (+1.5%)
TP2 → $3.9350 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear CHoCH formed as price broke the previous higher low, while the CVD turned negative confirming the shift. The FVG between 3.45 and 3.50 aligns with an OB that just got swept, creating a tight POI confluence. Liquidity sweep on the 3.55 level left a clean entry for a short.
The 3.0% stop is relatively tight, so a 5x to 10x leverage keeps risk manageable.
Take half profit around the first target at 1.7R, roughly a 4.8% move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LIT #LITUSDT #SECReceivesGrayscaleLitecoinTrustETFFiling #TradingSignals #Write2Earn
🔴 $LIT SHORT 📉
Entry → $4.1380-$4.1462
Stop → $4.2664 (-3.0%)
TP1 → $4.0800 (+1.5%)
TP2 → $3.9350 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear CHoCH formed as price broke the previous higher low, while the CVD turned negative confirming the shift. The FVG between 3.45 and 3.50 aligns with an OB that just got swept, creating a tight POI confluence. Liquidity sweep on the 3.55 level left a clean entry for a short.
The 3.0% stop is relatively tight, so a 5x to 10x leverage keeps risk manageable.
Take half profit around the first target at 1.7R, roughly a 4.8% move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LIT #LITUSDT #SECReceivesGrayscaleLitecoinTrustETFFiling #TradingSignals #Write2Earn