đ $LITE is showing a potential technical setup!
The daily chart shows LITE/USDT testing range highs after a strong impulsive move upwards.
đ The Technical Setup:
âą The Pattern: Range consolidation with upward breakout test
âą Short-term Target: 1,020.00
âą Macro Objective: 1,040.00
âą Market Structure: Breakout and consolidation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 925.18 - 930.00
âą Resistance: 967.43 - 976.66
âą Breakout Level: 967.43
âą Stop Loss / Invalidation: 925.18
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Strong bullish candle printing near resistance
âą Trend: Higher timeframe uptrend continuation
â ïž Invalidation:
A decisive daily close below the 925.18 support level.
Monitor price action closely around the 967.43 resistance level for confirmation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#Lite #crypto #BinanceSquare #Binance #bitcoin
The daily chart shows LITE/USDT testing range highs after a strong impulsive move upwards.
đ The Technical Setup:
âą The Pattern: Range consolidation with upward breakout test
âą Short-term Target: 1,020.00
âą Macro Objective: 1,040.00
âą Market Structure: Breakout and consolidation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 925.18 - 930.00
âą Resistance: 967.43 - 976.66
âą Breakout Level: 967.43
âą Stop Loss / Invalidation: 925.18
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Strong bullish candle printing near resistance
âą Trend: Higher timeframe uptrend continuation
â ïž Invalidation:
A decisive daily close below the 925.18 support level.
Monitor price action closely around the 967.43 resistance level for confirmation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#Lite #crypto #BinanceSquare #Binance #bitcoin
