$LIT /USDT Analysis - Breakout Imminent?
$LIT has surged over 18% in the last 24 hours, hitting a high of 0.722 before retracing to its current price at 0.667. The token is showing strong bullish momentum, with buyers stepping in around key support levels.
Entry Range: 0.660 - 0.675
Target 1 (TP1): 0.700
Target 2 (TP2): 0.740
Stop Loss (SL): 0.630
Market Highlights:
Resistance: 0.700 and 0.722 (recent high)
Support: 0.640 and 0.600
Analysis:
The recovery from the 0.620 zone and consolidation around 0.660 signals bullish strength. A breakout above 0.700 could open the path towards 0.740. However, if $LIT fails to sustain above 0.660, we may see a pullback to 0.630 support.
Pro Tip: Monitor volume spikes as the price approaches 0.700 for confirmation of a breakout.
