$LIT I checked top traders long 83%, open interests high and continue rising, volume dropped, macd is weakness.
I bought long when the movement was still strong. But this case I am afraid of it is LONG TRAP.
For who bought long, set SL at 4.5 - 4.6, if the price drops that breaks 4.5, it is bearish, don't chase long. For me I will set TP 4.73, I will re-enter when volume and RSI recover.
I bought long when the movement was still strong. But this case I am afraid of it is LONG TRAP.
For who bought long, set SL at 4.5 - 4.6, if the price drops that breaks 4.5, it is bearish, don't chase long. For me I will set TP 4.73, I will re-enter when volume and RSI recover.
