$LIT Signal】Long + 1H MACD Bullish Expansion, Buying Depth Support


$LIT 1H MACD bullish candles continuously enlarging, the upper band of Bollinger Bands at 1.7884 tested multiple times, buy depth Bid/Ask Ratio 0.91, selling pressure absorbed quickly. Funding rate -0.0054%, short positions paying, potential for short squeeze exists. The 1.7775-1.7802 range is solidly supported, risk-reward ratio 1.5, worth targeting.
🎯Direction: Long
⚡Entry/Order: 1.777530 - 1.780200
🛑Stop Loss: 1.762398
🚀Target 1: 1.806903
🚀Target 2: 1.820255
🛡️Trade Management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
1H MACD continues expanding in line with Bollinger Band opening direction, indicating a clear bullish attack feature. The order book depth imbalance of -4.86% suggests slightly more sell orders, but price has not retreated, indicating sufficient buying support below. Current price is far from EMA20, caution needed when chasing higher, but with enough momentum, breaking new highs is more probable.
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LIT8.36%
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