๐Ÿš€ $LITE is showing a potential technical setup!

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

๐Ÿ“ˆ The Technical Setup:
โ€ข The Pattern: Range consolidation with upward breakout test
โ€ข Short-term Target: 1,020.00
โ€ข Macro Objective: 1,040.00
โ€ข Market Structure: Breakout and consolidation

๐ŸŽฏ Key Levels to Watch:
โ€ข Support / Accumulation Zone: 925.18 - 930.00
โ€ข Resistance: 967.43 - 976.66
โ€ข Breakout Level: 967.43
โ€ข Stop Loss / Invalidation: 925.18

๐Ÿ“Š Confirmation:
โ€ข Volume: Neutral/standard volume
โ€ข Momentum: Strong bullish candle printing near resistance
โ€ข Trend: Higher timeframe uptrend continuation

โš ๏ธ Invalidation:
A decisive daily close below the 925.18 support level.

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

๐Ÿ’Ž Creator: NOUMAN_DON (@NOUMAN_DON)

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