$LITEB READY FOR ANOTHER LEG DOWN – BEARS IN CONTROL 📉
Entry: 849-855 🔥
Target: 842 🚀
Stop Loss: 867 ⚠️
Price spiked to 882 on the 15m but got slapped back down fast. Each bounce is making lower highs and sellers are stacking bids under resistance at 865-867. As long as we stay below that zone, the path of least resistance is lower.
Volume picked up on the rejection and the short-term structure is breaking down. First target sits 0.8% away which gives a clean 1:2 risk-to-reward if you get filled near the lower entry. Are you shorting this push or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#LITEB #ShortSetup #Bearish #Crypto #Trading
📉
Entry: 849-855 🔥
Target: 842 🚀
Stop Loss: 867 ⚠️
Price spiked to 882 on the 15m but got slapped back down fast. Each bounce is making lower highs and sellers are stacking bids under resistance at 865-867. As long as we stay below that zone, the path of least resistance is lower.
Volume picked up on the rejection and the short-term structure is breaking down. First target sits 0.8% away which gives a clean 1:2 risk-to-reward if you get filled near the lower entry. Are you shorting this push or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#LITEB #ShortSetup #Bearish #Crypto #Trading
📉