🔥 $LIT in the bullish consolidation phase that's looking pretty solid. I'm leaning cautious long here, keeping that bullish vibe but with solid risk controls
From what I'm seeing on the volume side, those recent 1-hour candles are telling a story: pullbacks are coming with lower volume (like 1.86M at compared to 3.15M), which feels more like smart profit-taking than any real selling pressure kicking in.
On capital flows, the big picture is positive with a +9.64M USDT net inflow over 24 hours in contracts—that's outweighing the shorter-term stuff like -1.79M in 4 hours. The minor -758k outflow in the last 30 minutes matches up with this little dip we're in, but overall, it screams institutional buying to me.
For entries longs $LIT : I'd eye entries around 3.020-3.050 USDT, where it could retest the 20 MA and the middle Bollinger band—nice confluence there.
Stop loss at 2.920 USDT (below Support and the lower Bollinger to play it safe).
Target take-profit $LIT : at 3.260 USDT (pushing against the 24h high and Resistance zone).
Why? MACD and KDJ are flashing some short-term bearish vibes, but the strong 24h inflows, that higher lows pattern since 2.731, and RSI chilling in neutral territory make the risk/reward look good for longs aiming at 3.26. Plus, there's a decent 4.99% buffer to the 24h high for profits. What do you think—anyone seeing the same setup?
#lit #litusdt #lighter #LighterDEX