$LITE / USDT — Momentum Is Turning Heavy
LITE is trading at $936.45, down 5.18%. The stronger sell-off puts bears in control, with rallies offering a better risk-defined short opportunity than chasing the decline.
SHORT Entry: $934.00–$939.00
TP1: $928.00
TP2: $918.00
TP3: $905.00
Stop-Loss: $950.00
Bias: Bearish
Why: LITE has lost 5.18%, showing strong downside momentum. Failure to reclaim $939.00 keeps the bearish continuation setup active.
Invalidation: Sustained recovery above $950.00.
Risk Management: Avoid oversized exposure and wait for rejection confirmation before entering.
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