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$LIT Watch for short opportunities. The current price has rebounded to a key supply zone where the earlier aggressive sell pressure appeared. Even though the buying side is still probing, the upward move is clearly starting to struggle, and liquidity above is being continuously consumed against long demand. If the bears can continue to hold this resistance level, the next move may be to search for liquidity below the recent swing lows.
You can consider entry around 2.16-2.20, with the first targets to watch at 2.09 down to the 1.89 area. But don’t go too heavy chasing; the defensive level is around 2.38. Everyone, remember to control risk.