🚀 $LIT /USDT Technical Analysis & Trade Signal: Ready for a Rebound? 🎯
Current Price: $0.556 (down 6.87%)
Trend: Bearish short-term, but signs of potential reversal
🔎 Technical Analysis Overview:
Support Zone: $0.521 (24h low)
Resistance Zone: $0.600 (24h high)
Current Momentum: Bearish, but potential for a bounce at key levels.
🎯 Trade Signal:
Entry Point: Enter long positions if the price holds above $0.530 and shows consolidation.
Target Levels:
Target 1: $0.565 (Immediate Resistance)
Target 2: $0.590 (Next Resistance Zone)
Target 3: $0.610 (24h High)
Stop Loss: Set stop loss just below $0.520 to manage risk.
⚡ Momentum & Strategy:
Short-Term: Bearish, with a chance of a rebound near $0.530.
Medium-Term: Neutral to bullish if $0.600 is breached.
Long-Term: Consolidation if there’s no breakout.
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