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💰 $LIT STRUCTURE BREAKOUT
🔼 LONG
✳️ ENTRY: 1.4800 – 1.3900 – 1.33
🎯 TARGETS: 1.5600, 1.6200, 1.7100, 1.8300, 1.9600, 2.25000, 3.000, 5
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 1.2700
#LIGHETER has one of the strongest market structures among recent movers. After months of accumulation near the bottom, price has broken its long-term downtrend and established a clear sequence of higher highs and higher lows across multiple timeframes.
The Daily chart remains firmly bullish with price trading above MA25, MA99, and MA200, while the 4H structure continues to respect key moving averages as dynamic support. This alignment typically signals trend continuation rather than exhaustion.
At the moment, price is approaching a major resistance cluster around 1.70–1.87, where sellers previously stepped in. A rejection from this region would be completely healthy and would not damage the overall bullish structure.
In fact, I expect a near-perfect retest into the 1.48–1.33 zone, which aligns with previous breakout levels, moving-average support, and the broader higher-low formation. This area offers the safest risk-to-reward opportunity for position building before any potential continuation toward higher targets.
A successful defense of the 1.48–1.33 support region could provide the momentum needed for a breakout above 1.87, opening the path toward the larger targets.
⚠️ Current resistance: 1.70–1.80.
Safe accumulation zone: 1.48–1.33.
As long as price holds above 1.30, the bullish structure remains intact and the long-term outlook stays positive.
sharp 😁