From the trading activity I've observed, it seems like everyone holding LIT was eyeing that $2 level as a buying opportunity. The question is whether these accumulated positions might serve as exit liquidity when the price tests that mark again. Worth considering if you're analyzing LIT's price action and order flow dynamics.
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BlockchainBard
· 7h ago
It seems that the $2 level is indeed a psychological barrier, but honestly, I've seen too many of these "accumulating positions to sell off" tricks... If it really rebounds, who would be willing to sell?
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BlockchainTalker
· 7h ago
Actually, the $2 level reading like a magnet for every LIT holder is fascinating from a game theory perspective. But here's the thing—once that liquidity trap gets sprung, do these bags actually hold or just become the exit ramp for smart money? 🤔
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airdrop_huntress
· 7h ago
Basically, the $2 level is surrounded by the washout army. Whether it can break through later is really hard to say.
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PretendingToReadDocs
· 7h ago
$2 this level is really tough, feels like everyone is just waiting there... Whether it can break through if it rebounds really depends on the situation.
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MetaLord420
· 7h ago
$2 this level is indeed a bit particular, but I'm more curious whether those hoarding will really be willing to sell, or if it's just another false alarm.
From the trading activity I've observed, it seems like everyone holding LIT was eyeing that $2 level as a buying opportunity. The question is whether these accumulated positions might serve as exit liquidity when the price tests that mark again. Worth considering if you're analyzing LIT's price action and order flow dynamics.