$LIT / USDT — Strong Short Squeeze
LIT recorded approximately $8.06K in short liquidations at $5.30099 on Binance. The larger liquidation compared with $RAYSOL suggests noticeable upward pressure as short positions were forced out.
The $5.30 area is now important. Holding above it could open the way for another push higher.
Entry Zone: $5.25–$5.32
TP1: $5.50
TP2: $5.75
Stop Loss: $5.10
Bias: Bullish above $5.30
Risk Management: Short-liquidation moves can reverse quickly, especially after a strong squeeze. Avoid entering late, keep leverage modest and risk only a controlled amount.
Disclaimer: This setup is my personal interpretation of the provided liquidation tape and should not be considered financial advice.
#OilRisesToHighestSinceJuly
#USDestroysFiveIranianOilTankers
#IranSaysItCapturedUSUnmannedSubmarine
LIT recorded approximately $8.06K in short liquidations at $5.30099 on Binance. The larger liquidation compared with $RAYSOL suggests noticeable upward pressure as short positions were forced out.
The $5.30 area is now important. Holding above it could open the way for another push higher.
Entry Zone: $5.25–$5.32
TP1: $5.50
TP2: $5.75
Stop Loss: $5.10
Bias: Bullish above $5.30
Risk Management: Short-liquidation moves can reverse quickly, especially after a strong squeeze. Avoid entering late, keep leverage modest and risk only a controlled amount.
Disclaimer: This setup is my personal interpretation of the provided liquidation tape and should not be considered financial advice.
#OilRisesToHighestSinceJuly
#USDestroysFiveIranianOilTankers
#IranSaysItCapturedUSUnmannedSubmarine