#LITUSDT is showing promising signs of a potential bullish continuation from the key support level at $0.600. The recent price action, which saw a break above the descending resistance, has set the stage for a move upward. However, for this bullish momentum to hold, the price needs to remain steady at the support level, potentially setting the scene for a breakout above the internal resistance.
But we're not in full breakout mode just yet. For a confirmed move higher, a decisive break above the internal resistance at $0.820is crucial. This needs to be backed by strong engulfing candles and sustained upward momentum. Until these signals appear, it's wise to stay cautious and avoid jumping into trades prematurely.
