$LIT 1H Setup 👀

LIT still looks pretty solid on the 1H. The trend is holding bullish structure, but after that sharp rejection from 3.3288, I wouldn’t chase the move here.

Trade plan:

🟢 Entry: 3.05 – 3.10
🛑 SL: 2.90
🎯 TP1: 3.20
🎯 TP2: 3.30
🎯 TP3: 3.40

The key thing I like here is that the Supertrend remains bullish around 2.9258, while price is still trading comfortably above it.

3.05–3.10 is the zone I’d watch for a clean retest. If buyers step in there and the 1H structure holds, the next move toward 3.20 → 3.30 makes sense.

The big level is 3.3288. A clean breakout and hold above that could open the door toward 3.40.

One thing though: the rejection from 3.3288 was pretty strong, so patience matters here. No need to force an entry at 3.13. Let the price come to the setup.

If TP1 hits, I’d consider protecting the position by moving SL closer to breakeven.

My read: 🟢 Bullish structure
Entry: Wait for the retest
Invalidation: Below 2.90
Key breakout: 3.3288

Clean chart, good structure. Now it’s mostly about getting the entry right rather than chasing the candle.

#lit