Everyone's glued to $BTC bounce but $LIT just shattered the 0.0185 ceiling on the 4H, and my read is a coiled long waiting for the next squeeze.
$LIT - LONG
Entry: 0.0186 – 0.0190
SL: 0.0172
TP1: 0.0205
TP2: 0.0215
TP3: 0.0220
Why this setup?
- 4H bullish engulfing gave a clean break above the 0.0185 resistance, confirming a magnet pull.
- RSI on the 4H sits at 62, still below overbought, leaving room for a flush.
- ATR (4H) is 0.0012, giving a tight risk‑to‑reward on the proposed levels.
- 15m shows the price coiling near the entry band, indicating a potential squeeze.
Debate: Are you riding the $LIT breakout or waiting for a retrace to test the 0.0175 support?
$LIT
$LIT - LONG
Entry: 0.0186 – 0.0190
SL: 0.0172
TP1: 0.0205
TP2: 0.0215
TP3: 0.0220
Why this setup?
- 4H bullish engulfing gave a clean break above the 0.0185 resistance, confirming a magnet pull.
- RSI on the 4H sits at 62, still below overbought, leaving room for a flush.
- ATR (4H) is 0.0012, giving a tight risk‑to‑reward on the proposed levels.
- 15m shows the price coiling near the entry band, indicating a potential squeeze.
Debate: Are you riding the $LIT breakout or waiting for a retrace to test the 0.0175 support?
$LIT
