$LIT is testing a support area that could decide whether buyers still have control.
What stands out here is that the 1H move is -2.49% and the last 15m is -1.30%. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bearish, and the current 1h structure agrees. That keeps the advantage with sellers for now.
The area around $4.04 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Is this support enough for an entry, or do you want a stronger reclaim first?
#LIT #Trading
Trade plan: SHORT
Entry: $4.0422
SL: $5.346
TP1: $2.7384
TP2: $1.4346
TP3: $0.1308
What stands out here is that the 1H move is -2.49% and the last 15m is -1.30%. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bearish, and the current 1h structure agrees. That keeps the advantage with sellers for now.
The area around $4.04 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Is this support enough for an entry, or do you want a stronger reclaim first?
#LIT #Trading
Trade plan: SHORT
Entry: $4.0422
SL: $5.346
TP1: $2.7384
TP2: $1.4346
TP3: $0.1308
