$LIT Bounces 10% but Is Still Down 9% on the Week
LIT is at $4.03 after a 10% day, yet the week is still red. Lighter's token has traded on Robinhood perp hype and hit a record near $4.58 in early September.
No fresh news explains today's bounce. Buybacks and a ~6% staking yield are supportive, but a relief bounce inside a weekly downtrend is not a trend change. I'm cautious: expect LIT to stall below $4.60 while it holds $3.64. Not financial advice, DYOR.
$LIT
LIT is at $4.03 after a 10% day, yet the week is still red. Lighter's token has traded on Robinhood perp hype and hit a record near $4.58 in early September.
No fresh news explains today's bounce. Buybacks and a ~6% staking yield are supportive, but a relief bounce inside a weekly downtrend is not a trend change. I'm cautious: expect LIT to stall below $4.60 while it holds $3.64. Not financial advice, DYOR.
$LIT
