LIT is trading near a recent swing high, eyeing a break lower as sellers tighten. Momentum is slipping, setting the stage for a short swing.
🔴 $LIT SHORT 📉
Entry → $3.3652-$3.3720
Stop → $3.4697 (-3.0%)
TP1 → $3.3181 (+1.5%)
TP2 → $3.2002 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH on the 1‑hour chart broke the downtrend line, the CVD turned negative confirming volume flow, and a fresh FVG aligns with the prior order block. The POI confluence of OB and FVG creates a high‑probability entry zone for the short. Structure shows lower highs and lower lows, backing the bearish bias.
A 3.0% stop is relatively tight, so 5x leverage keeps risk manageable.
Take half profit around the first target at 1.7R before the final run.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LIT #LITUSDT #THORChain #TradingSignals #Write2Earn
🔴 $LIT SHORT 📉
Entry → $3.3652-$3.3720
Stop → $3.4697 (-3.0%)
TP1 → $3.3181 (+1.5%)
TP2 → $3.2002 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH on the 1‑hour chart broke the downtrend line, the CVD turned negative confirming volume flow, and a fresh FVG aligns with the prior order block. The POI confluence of OB and FVG creates a high‑probability entry zone for the short. Structure shows lower highs and lower lows, backing the bearish bias.
A 3.0% stop is relatively tight, so 5x leverage keeps risk manageable.
Take half profit around the first target at 1.7R before the final run.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$LIT #LITUSDT #THORChain #TradingSignals #Write2Earn