đ¨ $LIT /USDT Trading Alert â Key Levels in Play! đ¨
LIT/USDT is hovering around $0.717 after a volatile spike earlier today. The price is facing consolidation, and the chart reveals crucial levels that traders must watch closely for potential entries. The short-term momentum indicates a possible breakout or a reversal!
đ Support Level: $0.700 USDT â This is the key level holding the current price action. A dip below could open doors for further downside towards $0.684 USDT.
đ§ Resistance Zone: $0.740 USDT â Strong resistance here. If the price successfully breaks through, expect a rally towards $0.760 or even $0.780 USDT. Momentum traders should keep this level in focus!
đĄ Long Entry: Above $0.740 with a stop loss at $0.710. Targeting short-term gains to $0.780 and higher!
â ď¸ Short Entry: Below $0.700 with a stop loss at $0.720. Watch for a drop toward $0.684 or lower.
đź Strategy: Wait for a clean breakout from the resistance zone or a confirmed rejection at the support level before making your move. Risk management is keyâset your stops wisely to navigate the volatility!
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