$LIT Signal】Long | Volume Breakout Followed by Pullback on Contraction, Accumulation by Whales


$LIT 4H timeframe broke through previous high of 1.28 on massive volume, with volume and price moving in tandem, indicating real money inflow from whales. Subsequently, contraction pullback to breakout level 1.23-1.24 zone, selling pressure exhausted, buy order book depth significantly better than sell side (depth imbalance 12.68%), forming a healthy pullback after strong breakout. Current price supported above EMA20 (1.232), bullish structure intact.

🎯 Direction: Long

⚡ Entry: 1.230 - 1.240

🛑 Stop Loss: 1.184

🚀 Target: 1.392 / 1.475

🛡 Strategy: At target 1, reduce position by half, move remainder to break-even, pursue higher targets.

View live 👇 $LIT
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
LIT10.97%
BTC0.01%
ETH0.31%
SOL-0.41%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin