🚀 $LITE | Strong recovery after sell-off
After wiping out the equal lows and soaking up late sell positions, $LITE has started to regain momentum quickly, with the potential to push the price towards higher levels in the short term.
📊 Key supply zone: $973.49 – $981.74
This area might see some reaction from sellers.
If it gets broken firmly, the $1000+ level becomes the next potential target.
📈 The current movement shows an improvement in buying strength, and maintaining the price above the current support increases the chances of continuing the rise towards higher resistance levels.
⚠️ Despite the positive signals, sticking to risk management and monitoring the supply zone before entering is crucial.
$LITE
#LITE #Crypto
After wiping out the equal lows and soaking up late sell positions, $LITE has started to regain momentum quickly, with the potential to push the price towards higher levels in the short term.
📊 Key supply zone: $973.49 – $981.74
This area might see some reaction from sellers.
If it gets broken firmly, the $1000+ level becomes the next potential target.
📈 The current movement shows an improvement in buying strength, and maintaining the price above the current support increases the chances of continuing the rise towards higher resistance levels.
⚠️ Despite the positive signals, sticking to risk management and monitoring the supply zone before entering is crucial.
$LITE
#LITE #Crypto