$LIT is consolidating lower after recent overextension, with downward volume decelerating and open interest flushing out late momentum-chasing longs. The supplied structure describes a short-term neutral-bearish condition within a bullish macro setup, focused on a potential reversal from a major demand block. Numerical levels are not supplied, so no unsupported prices should be added. The main stated risk is acceleration of the retreat if BTC breaks downward.
📈 Bias: Neutral-Bearish Short Term / Bullish Macro | 🎯 Entry: Next major horizontal support zone | 🛡 Support: Primary demand block | 🚧 Resistance: Supply zone | 🎯 Targets: Short-term relief / Mid-range / Full structural recovery | ❌ Invalidation: Decisive drop under structural floor
Strategy: Reversal entry only after confirmation at the major demand zone.
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