$LIT is up +5% and everyone's piling in late. I'm looking the other way 👇
Price ran 19% in 46 hours and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 3.455: LIT got through by just 3.4%, tagged 3.5714 and fell back. Everyone who bought that breakout is sitting on a loss now.
My eyes are on 3.1144, the low of the earlier pullback. $LIT A lot of stops are sitting there and price hasn't tested it yet. Above 3.5714 I'm out of this idea.
📌 My LIT trade: short from 3.4966, stop at 3.6877, target 3.1144 (+10.9%, 1:2)
📊 24h Vol: $78.9M | 24h Chg: +5.0% | Funding: +0.0050%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#LIT #Crypto #Trading
Price ran 19% in 46 hours and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 3.455: LIT got through by just 3.4%, tagged 3.5714 and fell back. Everyone who bought that breakout is sitting on a loss now.
My eyes are on 3.1144, the low of the earlier pullback. $LIT A lot of stops are sitting there and price hasn't tested it yet. Above 3.5714 I'm out of this idea.
📌 My LIT trade: short from 3.4966, stop at 3.6877, target 3.1144 (+10.9%, 1:2)
📊 24h Vol: $78.9M | 24h Chg: +5.0% | Funding: +0.0050%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#LIT #Crypto #Trading
