Three 1h candles in a row tagged $3.29 to $3.30 and closed below it. From what I've seen, a ceiling tested this many times either breaks clean or sends late longs back to the base.
**Recap ($AIN, 19:53):** The long needed a 1h close above $0.2830. The 19:00 candle wicked to $0.2851 but closed $0.2825, and price has since dipped as low as $0.2554. **Not triggered**, no position.
**$LIT now**
- $3.2634, +18.5% 24h. 24h high $3.2987.
- Funding +0.0050% per 4h, the baseline rate, 34th percentile of its last 90.
- OI 14.02M to 13.74M LIT (-2.0%, 24h), but +2.4% since 17:00.
- Top traders 79% long by position, all accounts 1.05. Taker buy/sell 0.93 last hour.
- 1h RSI 76.2, 4h MACD above signal.
**Call: long on breakout.**
- **Stop $3.22** (below the 18:00 low)
- **Trigger:** 1h close above $3.30
- TP1 $3.352 (4h 20-bar high) · TP2 $3.59 (daily upper band)
No close above $3.30 and I stay flat. Takers are already selling into the ceiling.
**Does $LIT clear $3.30 on the fourth try, or is this where the rally stalls? Drop your call below.**
*Not financial advice. Data: Binance Futures API, 20:45 Taipei, Nov 1.*
#ShortHunter