Post
$LIT
LIT is trading at 1.3410 USDT, a sharp increase of +9.25% in 24 hours. The price has bounced up from the low of 1.1591 to the highest of 1.3963, showing a strong increase in the session.
Technique:
• The price is above most MAs (MA5: 1.3279, MA10: 1.2740), showing a positive short-term trend.
• The orange trendline is supporting well from the bottom up.
• The latest 1h candle is slightly red after a strong increase, indicating that it may be a slight recovery.
• Nearest resistance: 1.3963 (peak 24 hours).
• Close support: 1.32 - 1.28.
Review:
LIT is in a short-term uptrend with good momentum. Increased volume accompanied by increased price is a positive signal. However, after a strong pump pace, the risk of pullback to the MA10-20 area (1.27-1.26) still exists.
Recommendation:
• Buy if holding above 1.32, target 1.45-1.50 (profit 8-12%).
• Stop-loss: less than 1.28.
• Should follow volume and 1h-4h candles to confirm the continuation of the increase.
Conclusion: Short-term signals are quite good, but the crypto market is very volatile, only small capital and strict risk management should be used.

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