$LIT just wiped out $8.3518K in short positions and that is not a small signal. Bears were leaning too hard and the price punished them fast, creating a clean breakout structure. This usually marks the start of a strong leg up, not the end of it. LIT now has the spotlight and traders are watching closely.

EP: $2.70 – $2.78

TP: $3.00 / $3.25 / $3.55

SL: $2.55

The sentiment here is clearly bullish as long as the price stays above the entry range. Pullbacks into support can offer solid continuation entries.

Eyes open, momentum is with $LIT

LITUSDT

Perp

1.49

-7.51%