Guys $LITE is setting up an interesting opportunity โก
Entry: 994.0 - 996.5
๐ฏ TP1: 1008.0
๐ฏ TP2: 1025.0
Price is pressing directly against key resistance while Open Interest has expanded over 25% in 3 hours. Short positioning is heavily dominant at nearly 63%, setting up potential squeeze mechanics.
If buyers manage to clear 996.44, we could see a quick move toward 1008.
Watching closely ๐
Entry: 994.0 - 996.5
๐ฏ TP1: 1008.0
๐ฏ TP2: 1025.0
Price is pressing directly against key resistance while Open Interest has expanded over 25% in 3 hours. Short positioning is heavily dominant at nearly 63%, setting up potential squeeze mechanics.
If buyers manage to clear 996.44, we could see a quick move toward 1008.
Watching closely ๐