Let’s break down this LITUSDT.P – 1H chart clearly and practically 👇
#USStocksForecast2026 $BNB #BinanceHODLerBREV $ETH #MarketRebound $SOL #USDemocraticPartyBlueVault ---
🔍 Current Snapshot
Current price: ~1.918
Timeframe: 1 Hour
Setup shown: Long position (blue TP zone on top, grey SL zone below)
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📉 Market Structure
Strong sell-off from the top (~2.30 area) → market entered a downtrend
Price formed a base between 1.75 – 1.85
Now we see higher lows and a minor structure shift upward
This suggests a potential short-term bullish reversal / pullback trade
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🧠 Key Levels
🟢 Support Zone
Immediate support: 1.88 – 1.90
Major support: 1.74 – 1.76 (your stop area)
As long as 1.74 holds, buyers remain valid
🔴 Resistance / Targets
First resistance: 2.00 – 2.05
Major resistance zone: 2.25 – 2.30
Extended target: 2.35 (top blue level)
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📊 Volume Insight
Selling volume decreasing
Buying volume gradually increasing
This supports a relief rally / corrective move
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🎯 Trade Logic (What This Setup Means)
This is a counter-trend long (important ⚠️)
Works best as a quick momentum trade, not a swing hold
Risk–Reward looks good:
Risk ≈ 1.91 → 1.74
Reward ≈ 1.91 → 2.30+
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⚠️ Invalidation
1H close below 1.74 ❌
→ Setup fails
→ Expect continuation toward 1.65 – 1.60
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✅ Conclusion
Structure: Short-term bullish correction
Bias: Scalp / intraday long
Trend (higher TF): Still bearish, so protect profit quickly
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💡 Pro Tip
If price rejects near 2.00–2.05, take partial profits and trail stop to entry.
If you want:
I can give exact TP1 / TP2 / TP3
Or check 15m confirmation
Or align it with BTC movement
Just tell me 👍