๐ $LIT BEARS CRUSHING THE EMA STACK AS MOMENTUM ROLLS HARD SOUTH! ๐ด
Entry: 3.1086 โก
Target: 2.93056 ๐
Stop Loss: 3.25103 โ ๏ธ
Sellers are firmly in control here as $LIT slices cleanly beneath the 200 EMA with all major moving averages stacked in a textbook bearish alignment. ๐ Volume is expanding at 1.42x the average while the MACD prints deep negative momentum, confirming persistent selling pressure on the lower timeframes. โก
With RSI hovering near oversold at 29.7 and a fresh 20-candle breakdown underway, the path of least resistance points straight downward. ๐ Are you looking to short this breakdown or waiting for a relief bounce into resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #CryptoTrading #Bearish #Breakout
๐ ๐ฉธ
Entry: 3.1086 โก
Target: 2.93056 ๐
Stop Loss: 3.25103 โ ๏ธ
Sellers are firmly in control here as $LIT slices cleanly beneath the 200 EMA with all major moving averages stacked in a textbook bearish alignment. ๐ Volume is expanding at 1.42x the average while the MACD prints deep negative momentum, confirming persistent selling pressure on the lower timeframes. โก
With RSI hovering near oversold at 29.7 and a fresh 20-candle breakdown underway, the path of least resistance points straight downward. ๐ Are you looking to short this breakdown or waiting for a relief bounce into resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #LIT #ShortSetup #CryptoTrading #Bearish #Breakout
๐ ๐ฉธ
