$LIT is extending its macro upward expansion leg on the daily frame, locking in a strong +15.97% gain. After carving out a solid long-term accumulation floor near the 0.8290 baseline, the trend structure has consistently printed higher lows, building into an aggressive momentum push that breached previous local resistance to tap an intraday high at 2.2238.


Following that sharp extension, price action has experienced brief profit-taking, stabilizing at 2.0802.

The trend behavior remains heavily bullish, holding a perfect bullish stack above the daily moving averages (MA5, MA10, and MA30). High breakout risk is active; if buyers consolidate a secondary structural base above the 1.9448 zone and re-engage the 2.2238 peak, it signals a clean continuation into higher macro price discovery.

Trading Setup

Entry Zone: 1.8500 - 1.9600
TP1: 2.2200
TP2: 2.4500
TP3: 2.7000
Stop-Loss: 1.7200

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LIT15.37%
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OneUnfilledOrder
· 1h ago
MA5/10/30 are in bullish alignment, the technical aspect is flawless, but isn't the stop-loss at 1.72 set a bit wide?
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GateUser-517aed04
· 1h ago
TP2 seeing 2.45 is a bit optimistic, but if it breaks through the previous high, it will indeed accelerate.
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GateUser-7919e6b9
· 1h ago
Can the entry zone of 1.85-1.96 still be filled now? The pullback feels shallow.
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GateUser-23bf1070
· 1h ago
The bottom at 0.8290 is solid, and now it looks like a typical structure of accumulation followed by a rally.
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OrderbookOtter
· 1h ago
$LIT This trend is indeed strong, a 15% daily gain is very impressive when the broader market is sluggish.
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