🐋 $LIT hit a new 24-hour low, and selling pressure has yet to ease.
Current price: 3.2472, below the previous low of 3.2682; 24-hour trading volume: $78.1 million.
There are often plenty of long-position stop-loss orders below the previous low. Breaking through it can trigger a cascade of liquidations; watch for any large buyers stepping in at lower levels.
#LIT
Current price: 3.2472, below the previous low of 3.2682; 24-hour trading volume: $78.1 million.
There are often plenty of long-position stop-loss orders below the previous low. Breaking through it can trigger a cascade of liquidations; watch for any large buyers stepping in at lower levels.
#LIT
