$LIT Signal】Pullback Entry - 4H trend not broken, waiting for deep retest


$LIT 4H Bollinger upper band 1.2697, price 1.2127 only 4.7% below the upper band. 1H MACD death cross expanding, histogram -0.0052, selling pressure continues. Volume sharply dropped from 11.08 million to 2.63 million, indicating reduced willingness to chase higher. Depth ratio 1.35 shows buy orders are still present, but order book at high levels is sparse. Current risk-reward ratio is low, 1.0539 is the dense zone between the 4H midline and EMA50, possibly where funds are rebalancing.
🎯Direction: Long (Pending order)
⚡Entry/Pending order: 1.0539
🛑Stop loss: 0.9786
🚀Target 1: 1.2045
🚀Target 2: 1.2799
🛡️Trade management: - After placing the order at 1.0539, if filled, immediately set stop loss at 0.9786. Reduce position by 50% at Target 1, move stop loss to break-even. If price reverses below the order price 1.0539 and quickly recovers, re-enter with half the position size.
Depth logic: Although 4H MACD is still bullish, the histogram is contracting, indicating weakening bullish momentum. Open interest remains stable without surge, funding rate is only 0.005%, no short squeeze conditions. 1H RSI at 65 is still relatively high; bottom-fishing requires waiting for lower levels. 1.0539 coincides with the 4H MA50 and Bollinger midline, which historically have rebounded twice upon contact, providing strong confidence. Patience for the signal.
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LIT10.27%
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