đš $LIT BREAKING DOWN AS THE BEARISH EMA STACK ACCELERATES FASTER! đ
Entry: 3.0128 âĄ
Target: 2.86086 đ
Stop Loss: 3.13435 đ
Sellers are firmly in the driver's seat as price slices cleanly below the 200 EMA on expanding volume. đ The moving averages are stacked aggressively downward on the 15-minute timeframe.
Momentum is heavily skewed to the downside with RSI hugging oversold territory and a negative MACD histogram confirming the breakdown. ⥠Volume spiked to double the twenty-bar average during this twenty-candle liquidity sweep.
đŹ Are you looking to catch this continuation short or waiting for a relief bounce to re-enter? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #LIT #ShortSetup #Breakout #Crypto
đ» đ
Entry: 3.0128 âĄ
Target: 2.86086 đ
Stop Loss: 3.13435 đ
Sellers are firmly in the driver's seat as price slices cleanly below the 200 EMA on expanding volume. đ The moving averages are stacked aggressively downward on the 15-minute timeframe.
Momentum is heavily skewed to the downside with RSI hugging oversold territory and a negative MACD histogram confirming the breakdown. ⥠Volume spiked to double the twenty-bar average during this twenty-candle liquidity sweep.
đŹ Are you looking to catch this continuation short or waiting for a relief bounce to re-enter? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #LIT #ShortSetup #Breakout #Crypto
đ» đ
