🚨 $LIT Short Setup — Resistance Rejection & Profit-Taking Pullback
LIT (Lighter) is showing exhaustion near its recent swing highs on the 4-hour chart after failing to sustain momentum above the 3.795 level. Price is currently consolidation-trading around 3.498 (-1.79% on the candle), printing higher-tf lower wicks with diminishing green buying volume. A loss of the immediate 3.450 intraday support opens up a corrective pull toward lower demand zones.
📍 Short Entry: 3.490 – 3.650
🎯 TP1: 3.320
🎯 TP2: 3.250
🎯 TP3: 3.150
🛑 Stop Loss: 3.820
⚠️ Risk Notice: High-momentum altcoins can trigger volatile liquidity sweeps above local swing highs. Avoid market-selling into low wicks—wait for lower timeframe rejection inside the entry range, keep leverage conservative, and strictly cap total risk to 1% of account capital.
Stick to the trade plan — execute with precision! 📉
👇 Click below to open the trade
$BMT
$HEMI
LIT (Lighter) is showing exhaustion near its recent swing highs on the 4-hour chart after failing to sustain momentum above the 3.795 level. Price is currently consolidation-trading around 3.498 (-1.79% on the candle), printing higher-tf lower wicks with diminishing green buying volume. A loss of the immediate 3.450 intraday support opens up a corrective pull toward lower demand zones.
📍 Short Entry: 3.490 – 3.650
🎯 TP1: 3.320
🎯 TP2: 3.250
🎯 TP3: 3.150
🛑 Stop Loss: 3.820
⚠️ Risk Notice: High-momentum altcoins can trigger volatile liquidity sweeps above local swing highs. Avoid market-selling into low wicks—wait for lower timeframe rejection inside the entry range, keep leverage conservative, and strictly cap total risk to 1% of account capital.
Stick to the trade plan — execute with precision! 📉
👇 Click below to open the trade
$BMT
$HEMI
