$LIT is trading near a pressure area where weak bounces often get sold quickly.
$LIT is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $LIT (max 10x)
๐ฏ Entry: 2.347 - 2.376
๐ SL: 2.377
โ TP1: 2.324
โ TP2: 2.291
โ TP3: 2.258
โข Exxon EPS misses estimate with weaker upstream results, oil outlook cautious โข Korean chip stocks rebound after overnight US selloff, as chip supply remains tight
Would you fade the bounce on $LIT , or wait for the breakdown?