$LIT Breakout Coming, or Another Rejection? 👀
LIT is trying to recover after pulling back from $3.268, but buyers still need to prove their strength.
📍 Resistance: $3.24–$3.268
📍 Support: $3.20–$3.209
A strong 15M close above $3.24 with rising volume could open the door to another move up. If $3.20 breaks with selling pressure, the setup weakens.
My plan: Wait for confirmation, not chase the candle. A breakout without volume can easily fail, especially while BTC remains weak.
What are you watching on $LIT — a confirmed breakout or another rejection?
#LIT #CryptoTrading #TechnicalAnalysis #BreakoutTrading #BinanceSquare
LIT is trying to recover after pulling back from $3.268, but buyers still need to prove their strength.
📍 Resistance: $3.24–$3.268
📍 Support: $3.20–$3.209
A strong 15M close above $3.24 with rising volume could open the door to another move up. If $3.20 breaks with selling pressure, the setup weakens.
My plan: Wait for confirmation, not chase the candle. A breakout without volume can easily fail, especially while BTC remains weak.
What are you watching on $LIT — a confirmed breakout or another rejection?
#LIT #CryptoTrading #TechnicalAnalysis #BreakoutTrading #BinanceSquare