💰 $LIT Breakout
🔼 LONG
✳️ ENTRY: 0.9800 – 0.9540 – 0.9280
🎯 TARGETS: 1.010 – 1.040 – 1.095 – 1.155 – 1.205 – 1.250 – 1.300
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.9040
#LIT is breaking out of a multi-month descending trendline with conviction on strong volume, confirming a bullish market structure shift. Price has reclaimed the MA7 and MA25 (now both sloping upward), while the MA99 sits overhead as the next major resistance to conquer. RSI is recovering with bullish momentum and higher lows, while MACD is showing early bullish crossover signals with expanding histogram. We’re seeing classic resistance-to-support flip around the 0.95–0.98 zone where buyers aggressively defended on the recent dip, with clean higher lows forming. This volume-backed breakout after prolonged compression sets up a high-probability trend reversal and continuation higher. DCA your longs into the three evenly spaced entries on any healthy retrace, scale partial profits at each target, and trail the rest. Strong reversal setup with excellent risk-reward — let’s ride this momentum wave.
🔼 LONG
✳️ ENTRY: 0.9800 – 0.9540 – 0.9280
🎯 TARGETS: 1.010 – 1.040 – 1.095 – 1.155 – 1.205 – 1.250 – 1.300
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.9040
#LIT is breaking out of a multi-month descending trendline with conviction on strong volume, confirming a bullish market structure shift. Price has reclaimed the MA7 and MA25 (now both sloping upward), while the MA99 sits overhead as the next major resistance to conquer. RSI is recovering with bullish momentum and higher lows, while MACD is showing early bullish crossover signals with expanding histogram. We’re seeing classic resistance-to-support flip around the 0.95–0.98 zone where buyers aggressively defended on the recent dip, with clean higher lows forming. This volume-backed breakout after prolonged compression sets up a high-probability trend reversal and continuation higher. DCA your longs into the three evenly spaced entries on any healthy retrace, scale partial profits at each target, and trail the rest. Strong reversal setup with excellent risk-reward — let’s ride this momentum wave.
