$LIT 24-hour new high confirmed.
24h +9.09%, current price 3.8898, previous high 3.8777.
Structurally, a new high means there’s less overhead supply from trapped holders, so near-term resistance is relatively light. But if it quickly falls back below the previous high, beware of a false breakout. Any knowledgeable folks care to weigh in?
24h +9.09%, current price 3.8898, previous high 3.8777.
Structurally, a new high means there’s less overhead supply from trapped holders, so near-term resistance is relatively light. But if it quickly falls back below the previous high, beware of a false breakout. Any knowledgeable folks care to weigh in?