🚀 $LITE is showing a potential technical setup!

The daily chart shows LITE/USDT testing range highs after a strong impulsive move upwards.

📈 The Technical Setup:
‱ The Pattern: Range consolidation with upward breakout test
‱ Short-term Target: 1,020.00
‱ Macro Objective: 1,040.00
‱ Market Structure: Breakout and consolidation

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 925.18 - 930.00
‱ Resistance: 967.43 - 976.66
‱ Breakout Level: 967.43
‱ Stop Loss / Invalidation: 925.18

📊 Confirmation:
‱ Volume: Neutral/standard volume
‱ Momentum: Strong bullish candle printing near resistance
‱ Trend: Higher timeframe uptrend continuation

⚠ Invalidation:
A decisive daily close below the 925.18 support level.

Monitor price action closely around the 967.43 resistance level for confirmation.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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