$LIT is top trending on CMC right now after a sharp +16% day, trading near $3.17 with volume well above recent averages.
The move has cleared short-term resistance and put the next supply zone around $3.50-3.70 back in play while the broader tape stays cautious (Fear & Greed still in the mid-30s).
Daily structure is still repairing after the recent pullback, so follow-through above the local highs would be the cleanest confirmation.
Holding above $3.00 keeps the bounce intact; lose that and it looks more like a volume spike than a real shift.
Are you treating this as a momentum long into resistance or waiting for a higher-low retest?
#LIT #cryptotrading
The move has cleared short-term resistance and put the next supply zone around $3.50-3.70 back in play while the broader tape stays cautious (Fear & Greed still in the mid-30s).
Daily structure is still repairing after the recent pullback, so follow-through above the local highs would be the cleanest confirmation.
Holding above $3.00 keeps the bounce intact; lose that and it looks more like a volume spike than a real shift.
Are you treating this as a momentum long into resistance or waiting for a higher-low retest?
#LIT #cryptotrading
