$LIT #LIT ๐
Direction: LONG
Entry zone: 3.33 to 3.37
Stop loss: 3.28
Target 1: 3.45
Target 2: 3.55
Lighter is trading near 3.35 dollars, up 4.08 percent in 24 hours, one of the few coins holding green after the hot CPI print, inside a range of 3.13 to 3.45 dollars, and the recent closes show buyers stepping in near the low, 3.38, then 3.34, then 3.34, then 3.33, then 3.35. ๐ข My reading is that LIT is building a base above 3.33 dollars, because every dip toward the range low is being bought while the wider market waits for the Fed path to clear. A long from the current zone, with a stop below 3.28, targets 3.45 first and then 3.55 if buyers break the 24 hour high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Lighter break 3.45 after CPI, or lose 3.28 first? ๐ค
Follow for more trades.
#Lighter #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 3.33 to 3.37
Stop loss: 3.28
Target 1: 3.45
Target 2: 3.55
Lighter is trading near 3.35 dollars, up 4.08 percent in 24 hours, one of the few coins holding green after the hot CPI print, inside a range of 3.13 to 3.45 dollars, and the recent closes show buyers stepping in near the low, 3.38, then 3.34, then 3.34, then 3.33, then 3.35. ๐ข My reading is that LIT is building a base above 3.33 dollars, because every dip toward the range low is being bought while the wider market waits for the Fed path to clear. A long from the current zone, with a stop below 3.28, targets 3.45 first and then 3.55 if buyers break the 24 hour high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Lighter break 3.45 after CPI, or lose 3.28 first? ๐ค
Follow for more trades.
#Lighter #Crypto #FuturesTrading #TradingSignals
