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 ??