🚨 $LIT BREAKING DOWN AS THE BEARISH EMA STACK ACCELERATES FASTER! 📉
Entry: 3.0128 ⚡
Target: 2.86086 🚀
Stop Loss: 3.13435 🛑
Sellers are firmly in the driver's seat as price slices cleanly below the 200 EMA on expanding volume. 📊 The moving averages are stacked aggressively downward on the 15-minute timeframe.
Momentum is heavily skewed to the downside with RSI hugging oversold territory and a negative MACD histogram confirming the breakdown. ⚡ Volume spiked to double the twenty-bar average during this twenty-candle liquidity sweep.
💬 Are you looking to catch this continuation short or waiting for a relief bounce to re-enter? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Breakout #Crypto
🐻 📉
Entry: 3.0128 ⚡
Target: 2.86086 🚀
Stop Loss: 3.13435 🛑
Sellers are firmly in the driver's seat as price slices cleanly below the 200 EMA on expanding volume. 📊 The moving averages are stacked aggressively downward on the 15-minute timeframe.
Momentum is heavily skewed to the downside with RSI hugging oversold territory and a negative MACD histogram confirming the breakdown. ⚡ Volume spiked to double the twenty-bar average during this twenty-candle liquidity sweep.
💬 Are you looking to catch this continuation short or waiting for a relief bounce to re-enter? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Breakout #Crypto
🐻 📉
