BEARISH SETUP ON $LIT RETESTING THE PREMIUM RESISTANCE ZONE 📉 ⚠️
Entry: 3.0921 – 3.1027 ⚡
Target: 3.0058 🚀
Stop Loss: 3.1691 ⚠️
The broader 4h structure on $LIT continues to favor downside continuation as price drifts back toward the premium imbalance zone. We are waiting for a confirmed rejection on the lower timeframe candle before committing capital to this distribution phase. 📊
Current momentum shows price sitting at a notable distance below the EMA50, meaning a brief liquidity sweep higher could occur prior to the impulsive drop. Patience is key to securing an optimal entry edge inside the designated bracket. 💡
Are you waiting for a candle close confirmation inside the zone or entering proactively on the touch? 🤔
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Crypto #MarketStructure
📉 🦈
Entry: 3.0921 – 3.1027 ⚡
Target: 3.0058 🚀
Stop Loss: 3.1691 ⚠️
The broader 4h structure on $LIT continues to favor downside continuation as price drifts back toward the premium imbalance zone. We are waiting for a confirmed rejection on the lower timeframe candle before committing capital to this distribution phase. 📊
Current momentum shows price sitting at a notable distance below the EMA50, meaning a brief liquidity sweep higher could occur prior to the impulsive drop. Patience is key to securing an optimal entry edge inside the designated bracket. 💡
Are you waiting for a candle close confirmation inside the zone or entering proactively on the touch? 🤔
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Crypto #MarketStructure
📉 🦈
