LIT is crumbling under heavy sell pressure as it slides below the 50‑day EMA, and the recent spike in volatility makes it ripe for a short swing.
🔴 $LIT SHORT 📉
Entry $3.7418-$3.7492 | SL $3.8579 (-3.0%) | TP1 $3.6893 (+1.5%) | TP2 $3.5582 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character busted the bullish swing and the order block near 3.45 sits right on an unfilled fair‑value gap, while CVD shows aggressive volume dumping. The POI confluence of the order block and FVG gives a clean short entry, and the market structure now points lower.
A 3 % stop is tight for a 1.7 R/R setup, so keep leverage modest at 2‑3x.
Consider taking half profit at the first target as price approaches the initial resistance zone.
Not financial advice — trade only what you can afford to lose 🙏
$LIT #LITUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $LIT SHORT 📉
Entry $3.7418-$3.7492 | SL $3.8579 (-3.0%) | TP1 $3.6893 (+1.5%) | TP2 $3.5582 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character busted the bullish swing and the order block near 3.45 sits right on an unfilled fair‑value gap, while CVD shows aggressive volume dumping. The POI confluence of the order block and FVG gives a clean short entry, and the market structure now points lower.
A 3 % stop is tight for a 1.7 R/R setup, so keep leverage modest at 2‑3x.
Consider taking half profit at the first target as price approaches the initial resistance zone.
Not financial advice — trade only what you can afford to lose 🙏
$LIT #LITUSDT #CPIWatch #TradingSignals #Write2Earn