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Seeing $LIT the market chart I know, this long position is not a fake move this time.
Earlier when I was analyzing the chart, it was still hovering around 1.117. After consolidating at a low level for a while, it increased with volume, and the rebound signs were very obvious, so I initially shifted my mindset to go long.
The price reached 1.477, with a +1553.21% gain already reflected on the account, and the rhythm has been established.
Protect the profits already in hand first, take 70% off the table, and keep 30% to see if there’s another move later.
Stay disciplined in the car, don’t forget to set stop-losses, and don’t panic if there’s a pullback later; if you missed it, wait for the next wave, the market isn’t short of opportunities.
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