$LIT / Litentry
Sell-the-rally bias as price remains in a broader downtrend, fails to hold the mid-range bounce, and rolls over below declining EMAs, signaling continuation of distribution rather than a trend reversal.
Bias: SHORT
Entry: 1.620 â 1.660
Stop-Loss: 1.730
TP1: 1.555
TP2: 1.480
TP3: 1.380
As long as price stays below 1.730, rebounds lack follow-through and should be faded. A clean acceptance above that level invalidates the setup and shifts bias neutral.
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LITUSDT
Perp
1.69
+8.12%