$LIT Liquidation Reference: $3.3671 (Longs liquidated: $1.4229K)
Entry Zone: $3.34 – $3.38
Stop-Loss: $3.46
🎯 Take-Profit Targets
- TP1: $3.28
- TP2: $3.21
- TP3: $3.12
Market Analysis:
Long liquidations near $3.3671 indicate selling pressure and potential weakness. If price fails to reclaim this level, sellers may maintain control and push toward lower support zones. A bearish rejection would strengthen the short setup.
Invalidation: A sustained move above $3.46 cancels the bearish outlook.
Risk Management: Wait for confirmation and maintain disciplined exposure.
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