LIT's recent performance is worth paying attention to. From a technical perspective, the price is hovering around a key support level, and there are many signs indicating a potential brewing of a new upward wave.



From a trading standpoint, if you plan to enter, the range of 0.198 to 0.2 is a relatively reasonable position. Stop-loss can be set below 0.19.

Regarding subsequent targets, if the upward trend is confirmed, the three price levels of 0.2050, 0.2150, and 0.2300 can be used as references in turn. The key is that the support here is clearly maintained, and from the combination of candlesticks and volume, the upward momentum is still building.

It should be reminded that taking contrarian positions can be very risky. If you are optimistic about this wave of market, now is the time to prepare. Don't wait until the market actually starts to chase in, as that can easily lead to being shaken out. Sometimes the market is like this; the period of accumulation before a big move often tests one's patience the most.
LIT-3.14%
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¯\_(ツ)_/¯vip
· 5h ago
I've been in at the 0.198 level for a while now, just waiting to see if it can hold above the 0.19 line. Feeling uncertain.
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MetaverseLandlordvip
· 5h ago
The accumulation phase tests people's mentality the most. I'm currently lying around 0.198, watching to see if this wave can break through.
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NFTFreezervip
· 5h ago
0.2 at this level is indeed interesting, but I still want to wait and see, afraid of getting trapped.
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BetterLuckyThanSmartvip
· 5h ago
Holding the support is indeed interesting, but I still have to wait. This accumulation phase is the easiest to get trapped in.
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MEVSandwichVictimvip
· 6h ago
It's the same old story, supporting to hold on and accumulate momentum, I've heard it so many times haha Right now, I see LIT just waiting to be hammered back below 0.19
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