$LIT
/USDT Technical Analysis and Trade Signal:๐ฅ๐ฏ
Current Price: $0.949
Price Action: The price has recently bounced off the 24-hour low of $0.864, showing a positive momentum with a +8.46% rise.
Support Levels: The immediate support is at $0.864 (recent 24h low), followed by $0.902.
Resistance Levels: Key resistance is observed around $0.959 (24h high) and $0.964.
Trade Signal (Momentum: Bullish):
Entry Signal: Consider buying around $0.949 or slightly lower on any pullback near the support levels.
Momentum: The upward movement indicates strong buying pressure with increasing volume.
Target Levels:
1. Target 1: $0.959 (First resistance zone)
2. Target 2: $0.964 (Next strong resistance zone)
3. Target 3: $1.00 (Psychological and round number resistance)
Stop Loss: Below $0.864 to protect against sudden downturns.