$LIT LIQUIDATION ALERT 🚨
A $13.06K LIT long liquidation struck at $1.2421, highlighting elevated volatility in the asset. Such liquidation events often lead to sharp reactions in either direction as leverage resets. Key support is near $1.18-$1.20, while resistance is positioned around $1.30-$1.36. A breakout above resistance could attract momentum buyers looking for continuation. 🎯 Target: $1.30 → $1.36 → $1.45. ⛔ Stop Loss: Below $1.17. Traders should remain cautious as lower-cap assets can experience rapid price swings following liquidation cascades.
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