📊 $LYTE Technical Analysis & Setup
Bullish 1h market structure aligns with BTC momentum, offering a tactical long setup despite a crowded funding rate (+0.307%) and a broader daily downtrend.
• Key Support / Demand: 13.21 and 12.90 (untested demand)
• Resistance / Supply Targets: 14.01, 14.43 (order block), 15.54, and 17.23
• Trigger / Confirmation: Look for a liquidity sweep below 13.32 followed by a 5m/15m market structure break (MSB) or bullish engulfing candle
• Risk / Invalidation: 1h close below 13.32 flips structure bearish and invalidates the bias
• Market Execution: Monitor order book depth and avoid chasing overcrowded green candles; wait for the flush
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #LYTE #Trading
$BTC
Bullish 1h market structure aligns with BTC momentum, offering a tactical long setup despite a crowded funding rate (+0.307%) and a broader daily downtrend.
• Key Support / Demand: 13.21 and 12.90 (untested demand)
• Resistance / Supply Targets: 14.01, 14.43 (order block), 15.54, and 17.23
• Trigger / Confirmation: Look for a liquidity sweep below 13.32 followed by a 5m/15m market structure break (MSB) or bullish engulfing candle
• Risk / Invalidation: 1h close below 13.32 flips structure bearish and invalidates the bias
• Market Execution: Monitor order book depth and avoid chasing overcrowded green candles; wait for the flush
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #LYTE #Trading
$BTC
