【$LIT Signal】Waiting for a callback to buy more, 1H momentum is weakening

$LIT RSI 1H reports 71.05, 4H reports 73.11, both in overbought zones. The 4H Bollinger Band upper band has broken 0.9859, price is above 0.9966. The 1H MACD histogram has narrowed from 0.0168 to 0.0035, bullish momentum is weakening. Buy order depth is 1.56, with thick orders below, but after spiking to 1.0163, it quickly fell back, selling pressure increasing. Open interest remains stable, funding rate is neutral at 0.005%. In the short term, overbought conditions need to be digested, waiting for a full correction.
🎯Direction: Long (buy orders on pullback)
⚡Entry/Order: 0.9750
🛑Stop Loss: 0.9120
🚀Target 1: 0.9960
🚀Target 2: 1.0000
🛡️Trade Management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit.
Gradual pullback to add longs is currently a relatively reasonable risk-reward strategy. If the volume around 0.9750 can increase, a rebound may push back above 1.00.
Check real-time market 👇 $LIT
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