Short $LIT : 3.769–3.786 is the 4H wall sellers must hold 👀
Price is under the 4H EMA50, so rallies into this zone are where I want sellers to show up. Take 3.88 and I step aside.
Why this level:
- 4H price 3.78 below EMA50 3.94, so trend structure still favors sellers
- Risk 2.7% to SL vs 4.3% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 3.769–3.786 · TP 3.716 / 3.675 / 3.614 · SL 3.879
NFA · DYOR
Price is under the 4H EMA50, so rallies into this zone are where I want sellers to show up. Take 3.88 and I step aside.
Why this level:
- 4H price 3.78 below EMA50 3.94, so trend structure still favors sellers
- Risk 2.7% to SL vs 4.3% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 3.769–3.786 · TP 3.716 / 3.675 / 3.614 · SL 3.879
NFA · DYOR
