LITEUSDT Perp 15M Analysis
$LITE is showing a bearish reversal on the 15 minute chart. Price peaked at 988.78 and has been printing lower highs ever since
Key Signals
MA7 crossing below MA25 bearish crossover confirmed and Price is trading below both moving averages
Strategy
SHORT Look for a retest of 962 to 965 resistance zone target 940 then 921 stop above 970
LONG Only if price reclaims 955 with strong volume target 964
Key Levels
Support 907
Resistance 965 to 988
The MA crossover combined with weakening volume suggests further downside is likely before any meaningful recovery Stay patient wait for confirmation before entering.
Not financial advice Manage your risk