
Keeping An Eye On $LIT. Here’s What I’m Watching
I’m keeping an eye on $LIT today........
The move already got aggressive after the push toward 1.46, but what matters now is whether buyers can actually defend the breakout instead of letting this turn into a one-candle wonder, but as I already have history with making very questionable decisions, I asked Bitget's Getagent to help me.
So here is my current plan:
• If $LIT holds the 1.28–1.31 pullback zone and reclaims 1.34, I’ll be watching for continuation toward 1.36–1.40 first.
• If price starts accepting above 1.40 and breaks the recent high near 1.46 with volume still strong, then the next extension zone starts looking like 1.50+.
What I’m watching most is the reaction around 1.39–1.40. That area decides whether this stays as a normal relief rally or turns into a stronger trend expansion tied to the whole RWA + perp DEX narrative heating up lately.
Right now I’m more interested in whether the market can actually accept higher prices after the first explosive move instead of immediately fading the breakout.