lithiumetf

📊 $LIT.ETF | 30M Chart Update – Lithium ETF

$LIT.ETF recently reached 62.88 before pulling back to 59.11. It's currently trading around 59.81, hovering near a key support area.

Here’s what I'm watching:

🔹 59.59 – Immediate support (20 MA) 🔹 60.10 – First resistance 🔹 61.19 – Next resistance 🔹 62.88 – Previous high and key reference level

Volume increased during both the sell-off and the latest bounce, making the 59.59 level especially important.

If price breaks below 59.59 decisively, further downside could follow. But if buyers defend this level, 62.88 remains an important upside reference.

Just reading the chart and watching the price action. No trade call. 👀

#writetoearn #LIT #LithiumETF #Trading #TechnicalAnalysis