📉 $LIT BEARS TAKE OVER AS MOVING AVERAGES STACK FOR A TREND EXTENSION! 🚨
Entry: 2.7504 🔴
Target: 2.6906 🎯
Stop Loss: 2.79824 🛑
📌 Sellers are firmly dictating the pace on $LIT after a clean rejection below the 200 EMA, keeping the 20, 50, and 200 moving averages in strict bearish alignment. 📊 Momentum is leaning heavily to the downside with negative MACD histogram prints confirming sustained distribution.
💡 With the 15-minute structure printing textbook trend pullback continuation, liquidity is thin below current bids, opening the door toward 2.65472 and 2.60688 macro targets. 💬 Are you shorting this continuation or waiting for an intraday bid to sweep support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Bearish #CryptoTrading #PriceAction
📉 ⚡
Entry: 2.7504 🔴
Target: 2.6906 🎯
Stop Loss: 2.79824 🛑
📌 Sellers are firmly dictating the pace on $LIT after a clean rejection below the 200 EMA, keeping the 20, 50, and 200 moving averages in strict bearish alignment. 📊 Momentum is leaning heavily to the downside with negative MACD histogram prints confirming sustained distribution.
💡 With the 15-minute structure printing textbook trend pullback continuation, liquidity is thin below current bids, opening the door toward 2.65472 and 2.60688 macro targets. 💬 Are you shorting this continuation or waiting for an intraday bid to sweep support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #LIT #ShortSetup #Bearish #CryptoTrading #PriceAction
📉 ⚡
