【$LIT Signal】Long | Healthy Cooldown After Volume Breakout
After a massive volume breakout on the 4-hour chart, the price is consolidating tightly above the breakout zone, which is a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 1.735 - 1.738
🛑 Stop Loss: 1.537 $LIT Rigid stop loss, below the low of the previous 4H bullish candle (
🚀 Target 1: 1.85
🚀 Target 2: 2.00
Hardcore Logic: A huge bullish candle on the 4H timeframe (volume of 17.6 million) breaks through the previous high of 1.595, confirming the entry of major funds. Currently, the price is oscillating narrowly near the breakout high of 1.738, with very thin sell order depth (only 295.2 at the first level), indicating no real selling pressure above. The funding rate is only 0.005%, showing no extreme bullish overheating. The price remains above the breakout zone, which is a typical cooldown and accumulation phase after a breakout, preparing for the next upward surge.
Trade here 👇 ) ---
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$LIT #Is the current market bottoming out or just observing?
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【$LIT Signal】Long | Healthy Cooldown After Volume Breakout
After a massive volume breakout on the 4-hour chart, the price is consolidating tightly above the breakout zone, which is a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 1.735 - 1.738
🛑 Stop Loss: 1.537 $LIT Rigid stop loss, below the low of the previous 4H bullish candle (
🚀 Target 1: 1.85
🚀 Target 2: 2.00
Hardcore Logic: A huge bullish candle on the 4H timeframe (volume of 17.6 million) breaks through the previous high of 1.595, confirming the entry of major funds. Currently, the price is oscillating narrowly near the breakout high of 1.738, with very thin sell order depth (only 295.2 at the first level), indicating no real selling pressure above. The funding rate is only 0.005%, showing no extreme bullish overheating. The price remains above the breakout zone, which is a typical cooldown and accumulation phase after a breakout, preparing for the next upward surge.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
$LIT
#Is the current market bottoming out or just observing?