🚨$LIT LIT/USDT: Volatility Watch! What's Next for LIT? 🚨

📉 Current Overview:

Price: $0.959 (-11.37%)

24h High: $1.093

24h Low: $0.949

Volume: 13.96M LIT

🔎 Market Analysis:

LIT/USDT experienced a sharp rejection from the $1.25 resistance level, triggering a significant sell-off. The price is now consolidating near the $0.95 support zone, indicating potential stabilization after a volatile session.

💡 Key Levels to Watch:

Support: $0.950 – Critical level for buyers to defend.

Resistance: $1.00 – Needs a reclaim for bullish momentum.

📈 Potential Scenarios:

1. Bullish Case: A rebound from $0.95 could push the price toward $1.10, with a break above signaling further recovery.

2. Bearish Case: Failure to hold $0.95 may open the door to $0.90 or lower levels.

📌 Trading Tips:

Entry Point: Consider long positions near $0.95 with confirmation of support.

Target Levels: Short-term: $1.00 | Mid-term: $1.10

Stop Loss: Place below $0.94 to manage risk.

⚠️ Pro Tip: With increased volatility, wait for clear confirmations before entering trades. Volume and momentum will be key indicators for the next move.

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