๐ด $LIT BEARISH CONTINUATION AS SELLERS DEFEND THE LOWER TIMEFRAME EMA STACK ๐
Entry: 3.1841 โก
Target 1: 3.08756 ๐ฏ
Target 2: 3.02963 ๐ฏ
Target 3: 2.9524 ๐
Stop Loss: 3.26133 โ ๏ธ
Institutional order flow on $LIT remains heavily distributed as price holds firmly beneath the 200 EMA cluster. ๐ Volume expanding at 1.5x the 20-bar average confirms aggressive institutional selling pressure during this pullback phase.
Momentum indicators align cleanly with bearish continuation, featuring a negative MACD histogram and an ADX reading of 30.5 signaling strong trend momentum. ๐ RSI prints at 33.5, leaving ample room for downward expansion before reaching extreme exhaustion levels.
๐ฌ Are you positioning for this continuation sweep, or waiting for a deeper liquidity test below? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #Bearish #OrderFlow #Crypto
๐ป ๐ฉธ
Entry: 3.1841 โก
Target 1: 3.08756 ๐ฏ
Target 2: 3.02963 ๐ฏ
Target 3: 2.9524 ๐
Stop Loss: 3.26133 โ ๏ธ
Institutional order flow on $LIT remains heavily distributed as price holds firmly beneath the 200 EMA cluster. ๐ Volume expanding at 1.5x the 20-bar average confirms aggressive institutional selling pressure during this pullback phase.
Momentum indicators align cleanly with bearish continuation, featuring a negative MACD histogram and an ADX reading of 30.5 signaling strong trend momentum. ๐ RSI prints at 33.5, leaving ample room for downward expansion before reaching extreme exhaustion levels.
๐ฌ Are you positioning for this continuation sweep, or waiting for a deeper liquidity test below? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #Bearish #OrderFlow #Crypto
๐ป ๐ฉธ
