$LIT Is Another Move Coming, or Is the Rally Losing Steam? 👀
LIT is trading around $3.2277 after recovering from the $2.995 area in this chart snapshot.
The 1H price is above its moving averages, which supports the recovery. But volume has cooled after the initial spike, so I'm not calling a breakout yet.
🟢 Bullish scenario: A strong 1H close above $3.27 with rising volume could bring $3.31 and $3.336 into focus.
🔴 Bearish scenario: A confirmed break below $3.14 could expose $3.06 and the $2.995 support area.
For now, I'm watching the resistance instead of chasing the move.
Momentum gets my attention. Confirmation gets my respect.
#LIT #CryptoTrading #TechnicalAnalysis #Binance #BeforeThePump
LIT is trading around $3.2277 after recovering from the $2.995 area in this chart snapshot.
The 1H price is above its moving averages, which supports the recovery. But volume has cooled after the initial spike, so I'm not calling a breakout yet.
🟢 Bullish scenario: A strong 1H close above $3.27 with rising volume could bring $3.31 and $3.336 into focus.
🔴 Bearish scenario: A confirmed break below $3.14 could expose $3.06 and the $2.995 support area.
For now, I'm watching the resistance instead of chasing the move.
Momentum gets my attention. Confirmation gets my respect.
#LIT #CryptoTrading #TechnicalAnalysis #Binance #BeforeThePump