$LIT 🚨 $LIT ALERT: Bottom Found? Massive Recovery Loading! 📈
The market is flashing a major reversal signal for $LIT. After a sustained period of bearish pressure, we are finally seeing a solid "bottoming out" structure on the H4 timeframe.
🔍 Technical Insights:
H4 & H1 Confirmation: LIT is currently forming a bullish recovery base.
The Catalyst: We are watching for a decisive break above the EMA (Exponential Moving Average). A successful candle close above this level will likely trigger a massive wave of "FOMO" buying, leading to a new upward trend.
Volume: Buying pressure is starting to outweigh sellers at these local lows.
⚡ The Trade Plan (Long Setup)
If you're looking for an entry, here is the optimized setup:
Entry Zone: 2.18 - 2.25 🎯
Target 1 (TP1): 2.35 (Quick scalp)
Target 2 (TP2): 2.41 (Mid-term)
Target 3 (TP3): 2.49 (Major resistance)
Stop Loss (SL): 2.099 🛡️ (Crucial to protect capital if the bottom breaks)
💡 Pro Tip: Don't chase the pump. Wait for the entry zone or a confirmed EMA breakout for the highest probability of success.
What do you think? Is ready to moon, or will it test the lows again? Let me know your thoughts in the comments! 👇
Trade $LIT on Binance now! Click the tag below to open your position. ⚡️
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