๐ $LIT TAPS CRITICAL SUPPLY BLOCK AS BEARISH MARKET STRUCTURE PERSISTS ๐จ
Entry: 2.7164 โ 2.7355 โก
Target: 2.6212 - 2.4466 ๐ฏ
Stop Loss: 2.8657 โ ๏ธ
Institutional distribution remains intact as $LIT taps an overhead supply zone under a clean bearish 4-hour EMA alignment. ๐ Lower-timeframe momentum is rolling over with RSI softening at 41.7, indicating that smart money continues to defend premium pricing.
๐ While prevailing order flow favors expansion toward unmitigated liquidity targets, the 1-hour swing support at 2.5862 remains an active roadblock. Execution discipline requires a confirmed 15-minute candle close before validating downside continuation.
๐ฌ Are you waiting for a confirmed break below local support, or fading this liquidity test right here? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #PriceAction #Crypto
๐ฏ ๐ฆ
Entry: 2.7164 โ 2.7355 โก
Target: 2.6212 - 2.4466 ๐ฏ
Stop Loss: 2.8657 โ ๏ธ
Institutional distribution remains intact as $LIT taps an overhead supply zone under a clean bearish 4-hour EMA alignment. ๐ Lower-timeframe momentum is rolling over with RSI softening at 41.7, indicating that smart money continues to defend premium pricing.
๐ While prevailing order flow favors expansion toward unmitigated liquidity targets, the 1-hour swing support at 2.5862 remains an active roadblock. Execution discipline requires a confirmed 15-minute candle close before validating downside continuation.
๐ฌ Are you waiting for a confirmed break below local support, or fading this liquidity test right here? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #PriceAction #Crypto
๐ฏ ๐ฆ
