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🚨 LIT breaks out as bulls defend key support. 📈
🔥 LIT has moved above a major resistance level and is now testing it as support. A confirmed hold could open the door to $2.40, $2.55, and even $2.80.
💰 Beyond the charts, Lighter's revenue-funded buyback & burn model is fuelling a deflationary token supply, with annual burns projected to outpace staking emissions.
👀 Traders are watching whether LIT can hold above $2.10 while protocol revenue continues to grow.