🚀 $LIT ust pulled off a move that could fool late buyers…
After crashing to $3.60, LIT reclaimed $4.00 and hit $4.10. But the bigger clue is what happened underneath: $14M in fresh net inflows and Perps volume exploding to $2.4B. 👀
Trader sentiment may be shifting.
TA is also turning interesting:
• $3.90 = key support
• $4.10 = immediate resistance
• $5.00 = possible next target
But there’s one catch…
LIT still needs a daily close above the 20D EMA to confirm the reversal.
Lose $3.90, and this bounce could quickly lose steam.
Break $4.10 with confirmation, and $5 could suddenly become the level everyone watches.
So… is $LIT preparing for $5, or is this bounce just another trap? 👀
After crashing to $3.60, LIT reclaimed $4.00 and hit $4.10. But the bigger clue is what happened underneath: $14M in fresh net inflows and Perps volume exploding to $2.4B. 👀
Trader sentiment may be shifting.
TA is also turning interesting:
• $3.90 = key support
• $4.10 = immediate resistance
• $5.00 = possible next target
But there’s one catch…
LIT still needs a daily close above the 20D EMA to confirm the reversal.
Lose $3.90, and this bounce could quickly lose steam.
Break $4.10 with confirmation, and $5 could suddenly become the level everyone watches.
So… is $LIT preparing for $5, or is this bounce just another trap? 👀