💎 $LIT
Buying the Bottom? Structural Reversal Loading!
$LIT (Litentry/Lighter) has retraced significantly and is now sitting at a major historical support level. For those looking for a "bottom-fishing" entry, the current price action suggests that the selling pressure is exhausting, and a structural shift is on the horizon.
🔍 Market Insights
The "Value" Play: After cooling off from recent highs, $LIT is re-entering a high-liquidity accumulation zone. Entering here offers a high reward-to-risk ratio as we catch the potential bounce from the floor.
Volume Absorption: We are seeing signs of buyers absorbing the remaining sell-side liquidity. If the $1.60 support holds, it confirms a "Double Bottom" or a "Higher Low" on the macro timeframe.
The Narrative: As an identity aggregator and a key player in the evolving RWA (Real World Asset) and Perp DEX space, remains a fundamental favorite for the 2026 cycle expansion.
⚡ The Trade Setup (LIT/USDT)
Direction: LONG 🟢
Entry 1: $1.789 (Aggressive Entry)
Entry 2: $1.689 (Conservative/DCB Zone)
Stop-Loss (SL): $1.600 (Strict Exit below support)
🎯 Profit Targets:
TP1: $1.984 (First Major Resistance)
TP2: $2.150 (Mid-term Supply Zone)
TP3: $3.147 (Macro Breakout Target)
💡 Why This Works
The crypto market often punishes late chasers and rewards those who buy the "blood" at structural floors. is currently in that sweet spot where the downside is limited by strong historical demand, but the upside potential remains wide open.
Patience is a virtue in this zone. Let the orders fill!
Nabiha Noor
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