Everyone's watching $BTC's bounce but $LIT is quietly coiling for a breakout.
$LIT - LONG
Entry: 0.045 – 0.046
SL: 0.042
TP1: 0.050
TP2: 0.052
TP3: 0.056
Why this setup?
- 4H bullish engulfing formed on volume +2.1×, breaking the 0.045 magnet line.
- RSI on 1H at 58, leaving room before overbought, while 4H RSI climbs from 45 to 61.
- ATR(4H)=0.0018, giving tight risk‑reward; price is above the 15M EMA 20, confirming bias.
- Divergence: 1D shows higher lows while 15M stalls, indicating a squeeze ready to release.
Debate: Are you loading up on the $0.045‑0.046 coil or waiting for a pull‑back to retest 0.042?
$LIT
$LIT - LONG
Entry: 0.045 – 0.046
SL: 0.042
TP1: 0.050
TP2: 0.052
TP3: 0.056
Why this setup?
- 4H bullish engulfing formed on volume +2.1×, breaking the 0.045 magnet line.
- RSI on 1H at 58, leaving room before overbought, while 4H RSI climbs from 45 to 61.
- ATR(4H)=0.0018, giving tight risk‑reward; price is above the 15M EMA 20, confirming bias.
- Divergence: 1D shows higher lows while 15M stalls, indicating a squeeze ready to release.
Debate: Are you loading up on the $0.045‑0.046 coil or waiting for a pull‑back to retest 0.042?
$LIT