【$LIT Signal】Chasing longs on breakout, overbought zone trading

$LIT RSI 1H 81.15, price breaks above Bollinger upper band at 1.0993, buying pressure actively lifts price but depth of orders is weak, funding rate at 0.005% neutral, open interest stable. 1H MACD histogram still expanding, bullish momentum not exhausted. Current risk-reward ratio is very low, chasing longs must be executed strictly according to plan.

🎯Direction: Long (pullback limit orders)

⚡Entry/Order: 1.1050 (recommended upper limit of entry zone)

🛑Stop loss: 0.9275

🚀Target 1: 1.1124

🚀Target 2: 1.1168

🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.

Depth logic: 4H Bollinger upper band at 1.0578 has been broken and stabilized, but 1H overbought is severe, short-term may surge sharply then pull back. Place order at 1.1050 waiting for a slight pullback to enter; if it directly surges upward, abandon. Stop loss at 0.9275, far below current price, though with large loss potential, it’s a small position for testing.

Check real-time market 👇 $LIT
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