$LIT Is Slipping — Momentum Has Turned

This wasn’t a slow fade. LIT pushed into resistance, tried to hold its ground, and failed. The 3.50–3.55 zone did exactly what strong resistance is supposed to do — it rejected price with authority.

On the lower timeframe, the story is clear. A lower high formed, momentum rolled over, and price began to bleed back toward the pivot. That loss of 3.45 isn’t just a number — it’s a signal. Sellers are stepping in, and buyers are no longer defending with conviction.

Every bounce under resistance now looks corrective, not constructive. As long as price remains capped below 3.52, the structure favors continuation to the downside. The market isn’t panicking — it’s leaning lower, and that’s often more dangerous.

Downside levels ahead are where reactions matter, not where assumptions are made. Until proven otherwise, pressure stays bearish and control remains with sellers.

This is a patience trade, not a chase.

Let price come to you.

Let structure confirm.

Until resistance is reclaimed with strength, LIT stays under pressure — and momentum continues to point down.

#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade #USJobsData #CPIWatch