Bullish Bounce or False Hope for $LIT ? Decoding the Latest

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Bullish Bounce or False Hope for $LIT ? Decoding the Latest Price Action🔥 The price of #LIT just made a healthy bounce off its support zone, suggesting strong buying pressure. This could be a #Bullish sign, but caution is advised! ⚠️ The price is now creeping towards the resistance zone between $1.23 and $1.325. This is a "no-trade zone" as the direction remains unclear. A breakout above could signal further gains, while a rejection might lead to a pullback. Waiting for a confirmation signal is key! 🔐 What's Your opinion on $LIT ??

Bullish Bounce or False Hope for $LIT ? Decoding the Latest Price Action🔥
The price of #LIT  just made a healthy bounce off its support zone, suggesting strong buying pressure. This could be a #Bullish  sign, but caution is advised! ⚠️
The price is now creeping towards the resistance zone between $1.23 and $1.325. This is a "no-trade zone" as the direction remains unclear.
A breakout above could signal further gains, while a rejection might lead to a pullback.  Waiting for a confirmation signal is key! 🔐
What's Your opinion on $LIT ??