$LIT is experiencing a volume breakout and downward movement, with falling prices accompanied by massive trading volume and open interest, showing typical signs of major players offloading or long positions being liquidated.
🎯 Direction: Short (Short)
🎯 Entry: 1.680 - 1.700
🛑 Stop Loss: 1.750 (Rigid Stop Loss)
🚀 Target 1: 1.550
🚀 Target 2: 1.400
$LIT A daily drop of over 15%, with 87M in trading volume and 26.12M in open interest, indicates this is not a normal correction. Price action shows persistent and strong selling pressure, with no effective buying absorption. There is a lack of clear support below the current price level, and market sentiment is leaning towards panic and selling, suggesting the downward momentum may continue.
Trade 👇 $LIT
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[$LIT Signal] Short | Volume breakout downward
$LIT is experiencing a volume breakout and downward movement, with falling prices accompanied by massive trading volume and open interest, showing typical signs of major players offloading or long positions being liquidated.
🎯 Direction: Short (Short)
🎯 Entry: 1.680 - 1.700
🛑 Stop Loss: 1.750 (Rigid Stop Loss)
🚀 Target 1: 1.550
🚀 Target 2: 1.400
$LIT A daily drop of over 15%, with 87M in trading volume and 26.12M in open interest, indicates this is not a normal correction. Price action shows persistent and strong selling pressure, with no effective buying absorption. There is a lack of clear support below the current price level, and market sentiment is leaning towards panic and selling, suggesting the downward momentum may continue.
Trade 👇 $LIT
Follow me: Get more real-time analysis and insights on the crypto market!
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