$LIT USDT BEARISH TECHNICAL ANALYSIS – NEXT MARKET MOVE
$LIT USDT is showing continued bearish pressure after failing to sustain higher levels. The price structure reflects lower highs and lower lows, confirming that sellers remain in control. Any short-term rebound toward resistance is likely to be met with selling, reinforcing the downtrend.
Technical indicators suggest further downside toward key support zones. Traders should align with the dominant bearish trend and avoid counter-trend entries to reduce risk.
Key Levels & Trade Setup:
Resistance Zone: 2.65 – 2.70
Targets (TP):
TP1: 2.45
TP2: 2.40
TP3: 2.30
Stop Loss (SL):
Above 2.75 on a daily closing basis
Risk Management:
Risk only a small portion of capital per trade, maintain disciplined position sizing, and trail stop loss to protect profits as targets are reached.
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