$LIT USDT (Perp) — Sellers still in control after a sharp rejection

Price: 3.348 USDT

24h Move: −10.34%

Intraday Range: High 3.78 | Low 3.31

Reason: Heavy sell pressure followed a failed bounce. Volume increased on red candles, showing distribution rather than healthy pullback.

Key Levels:

Support: 3.20 → 3.00

Resistance: 3.55 → 3.80

Trend: Bearish

Trade Idea:

If price holds above 3.20 and forms a base, a short-term bounce is possible. If 3.20 breaks with volume, continuation to 3.00 is likely.

#USGDPUpdate #USCryptoStakingTaxReview #CPIWatch #WriteToEarnUpgrade #BTCVSGOLD

LITUSDT

Perp

3.541

-5.16%