🚀 $LIT is lighting up the charts! 🔥 The native token of Lighter, the hot new perp DEX that's turning heads.
We're in a bullish consolidation phase 🐂📈 – perfect setup for momentum to explode higher!
Volume check: 4H candles chilling with lower volume (classic continuation vibe) 👀, but 24H still pumping 51.26M – solid liquidity! 💧
Capital flows: Some profit-taking vibes with net outflows (24H: -3.99M, 7D: -33.71M) after that juicy +7.3% pump 📉💰 – normal cooldown before the next leg up!
Price action: Consolidating between 2.449–2.827 after wild volatility 🌊. Building higher lows from 2.413 bottom = hidden strength 💪. Sitting near Bollinger middle band with positive MACD histogram 📊➡️ upward bias confirmed!
Long setup 🟢:
Entry zone: 2.65–2.68 USDT 🎯
SL: 2.52 USDT (below key support) 🛑
TP1: 2.91 USDT (+8.6%) 🎉
TP2: 3.11 USDT (+16.4%) 🚀
⚠️ Caution: Outflows mean play smart – scale in, keep position size tight! Watch for volume spike above 2.70 to confirm breakout 🌟
Who's ready to ride this wave? 🌊💥
#LIT/USDT #LighterDEX #CryptoMoonshot