$LIT's price remains unchanged over the last 24 hours, indicating stagnation within a broader downtrend. The Bollinger Bands suggest potential volatility between the upper limit of $0.76 and lower limit of $0.66. Key support at $0.63 and resistance at $0.87 frame immediate trading opportunities. The undefined correlation with Bitcoin signals LIT’s potential to decouple from broader market movements, influenced instead by specific regulatory news or inflation concerns. Given the weak trend and current volatility, traders may benefit from a short-term approach, capitalizing on minor price fluctuations while monitoring external macroeconomic factors closely. A vital takeaway is that heightened caution is warranted in this uncertain market.
