🚨 Trade Setup | LIT (Lighter)
Direction: Bullish
📊 Why this trade:
- 7-day momentum +51.5% sustained across all timeframes — 14d +28.7%, 30d +43.6%, 60d +37.9%
- Vol/MCap 17.3% confirms genuine demand — not thin wash-trading volume
- DEX & Perpetuals category + 100% bullish sentiment signals DeFi derivatives narrative resurgence
🔥 Key insight:
This is NOT a slow move — multi-timeframe alignment with 7d +51.5% confirms momentum phase is already active. The 24h +11.5% suggests continuation, not exhaustion.
🎯 Trade Plan:
Entry: $1.33 (current zone)
Target: $1.40
Stop: $1.30
⚖️ Risk/Reward: ~2.0:1
⚠️ Risk: Medium — MCap/FDV 0.25 indicates future dilution risk. Position size accordingly.
If price loses $1.30, momentum likely invalidated.
(Not financial advice)