$LIT (24h +12.02%). There’s a new development in the news: Lighter plans to apply for a CFTC derivatives license in November, and the LIT token has risen more than 15% in a single day.
This could give the market a boost, but how far it goes depends on trading volume going forward. Technically, the news is just a catalyst; support and resistance are what really matter.
Do you trade the news, or do you trade the charts?