LIT/USDT Bouncing from the support, get ready for continue UP!
💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement.
💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area.
💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt.
💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement.
💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area.
💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt.
💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement.
💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
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Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV