$LIT ‌LIT/USDT Analysis: MA99 Remains the Key Level

LIT has entered a healthy pullback after failing to break above the 2.75–2.80 resistance zone. Despite the correction, the broader bullish trend remains intact, with price trading around 2.36, just above the Daily MA99 (≈2.25)—a key dynamic support throughout the uptrend.

Bullish Scenario

If buyers defend the 2.25 support, the current pullback could form a higher low and set up the next move higher.

- Targets: 2.50, then 2.75–2.80
- A confirmed breakout above 2.80 could extend the rally toward 3.20, 4.00, and 5.00.

Bearish Scenario

A daily close below the MA99 would weaken the bullish outlook and increase the likelihood of a deeper pullback toward 2.00–1.95, where the Daily MA200 provides stronger long-term support.

Technical Outlook

- Price is below the Daily MA25, reflecting short-term weakness.
- Daily MA99 remains the key level for trend continuation.
- MACD is still bearish, but downside momentum is slowing.
- RSI has cooled from overbought levels, creating room for renewed buying if support holds.

Conclusion: The 2.25 support zone is the key level to watch. Holding above it would keep the long-term bullish structure intact, while a breakdown could lead to a deeper correction before the next trend develops.

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