Current context: $LIT aggregated ∼$3.17 - $3.18 now so your 3.190-3.193 entry is a *breakout above* current price, not a dip buy. Funding is near neutral 0.0042% so not crowded yet.
Your setup:
- Entry: 3.190 - 3.193
- SL: 3.171 = -0.60% to -0.68% - very tight scalp stop
- TP1: 3.215 = +0.69% / TP2: 3.233 = +1.26% / TP3: 3.250 = +1.80%
That's clean scalping math - ∼1:1 to TP1, ∼1:2 to TP2, ∼1:2.7 to TP3.
*What to watch:*
1. If buyers are really in control, it should not retest 3.171 after breaking 3.193. If it slices 3.171, momentum is failing.
2. This is a momentum chase, not reversal - multi-TF was reading NEUTRAL/SHORT on 1h/4h earlier today, so you are betting the intraday flip holds.
3. With that tight stop, spread + wick will matter. Keep size small - one bad wick at 3.171 takes you out before the move.
Your TP ladder is solid for LIT - it printed 3.49 - 3.83 high in last 7 days, so 3.25 is not stretch.
Good luck - if it breaks 3.193 with volume, TP1 should tag fast. If it stalls under 3.190, don't force it. $LIT
Your setup:
- Entry: 3.190 - 3.193
- SL: 3.171 = -0.60% to -0.68% - very tight scalp stop
- TP1: 3.215 = +0.69% / TP2: 3.233 = +1.26% / TP3: 3.250 = +1.80%
That's clean scalping math - ∼1:1 to TP1, ∼1:2 to TP2, ∼1:2.7 to TP3.
*What to watch:*
1. If buyers are really in control, it should not retest 3.171 after breaking 3.193. If it slices 3.171, momentum is failing.
2. This is a momentum chase, not reversal - multi-TF was reading NEUTRAL/SHORT on 1h/4h earlier today, so you are betting the intraday flip holds.
3. With that tight stop, spread + wick will matter. Keep size small - one bad wick at 3.171 takes you out before the move.
Your TP ladder is solid for LIT - it printed 3.49 - 3.83 high in last 7 days, so 3.25 is not stretch.
Good luck - if it breaks 3.193 with volume, TP1 should tag fast. If it stalls under 3.190, don't force it. $LIT