LIT - LONG NOW
LIT’s 15m setup is in a bullish retest state with positive price momentum supporting the upside thesis. The strongest support comes from buy-side participation, with aggregate-trade delta at 27.29% and taker buy/sell ratio at 1.8646, making a bullish bias reasonable.
Entry Zone: 4.8613 — 4.8901
• TP1: 5.0367
• TP2: 5.0769
• TP3: 5.1976
Stop Loss: 4.7147
For the setup to work, buyers need to keep absorbing supply so the retest can hold while momentum stays positive. The main weakness is that open interest is slightly lower at -0.36%, so fading participation could weaken the move even if current flow still favors the bulls.
Disclaimer: This is not financial advice. Always do your own research and take full responsibility for your trading decisions and assets.
Trade $LIT here:
LIT’s 15m setup is in a bullish retest state with positive price momentum supporting the upside thesis. The strongest support comes from buy-side participation, with aggregate-trade delta at 27.29% and taker buy/sell ratio at 1.8646, making a bullish bias reasonable.
Entry Zone: 4.8613 — 4.8901
• TP1: 5.0367
• TP2: 5.0769
• TP3: 5.1976
Stop Loss: 4.7147
For the setup to work, buyers need to keep absorbing supply so the retest can hold while momentum stays positive. The main weakness is that open interest is slightly lower at -0.36%, so fading participation could weaken the move even if current flow still favors the bulls.
Disclaimer: This is not financial advice. Always do your own research and take full responsibility for your trading decisions and assets.
Trade $LIT here:
