LIT recently has some interesting trading volume, with the 30-minute trading volume suddenly increasing by 4.4%. Currently, the price is stable around 3.151 USDT.
From a technical perspective, the 3.026 price level is a significant support, with only about 2.45% distance from the current price. The entire support zone between 3.011 and 3.026 is quite dense. This kind of volume expansion often signals the start of a trend. If the price retraces to near the support level, it could be a good opportunity to go long.
A simple trading idea is: consider placing a long order around 3.026. The resistance level above is at 3.187, which can serve as a preliminary take-profit target. Such a sharp increase in volume may lead to interesting market changes later on. It is recommended to closely monitor LIT's subsequent performance.
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GateUser-cff9c776
· 01-09 18:43
When trading volume expands, I think of what Buffett once said, but this time it might really be different. If the support level at 3.026 breaks, it will be interesting.
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YieldWhisperer
· 01-09 18:15
With such a rapid increase in volume, it feels like either a breakout or a false breakout. Betting on the 3.026 level is also a good option.
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UserHWH
· 01-07 16:23
Trash, a pump-and-dump scheme coin
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SingleForYears
· 01-06 23:48
The increase in volume is indeed interesting, but whether the support at 3.026 can hold is the key.
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GasFeeLover
· 01-06 23:33
Be cautious when trading volume increases, as it's easy to be caught in a trap during these times.
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NightAirdropper
· 01-06 23:25
Increasing volume is indeed a signal, but I still need to wait before entering, afraid of catching a falling knife.
LIT recently has some interesting trading volume, with the 30-minute trading volume suddenly increasing by 4.4%. Currently, the price is stable around 3.151 USDT.
From a technical perspective, the 3.026 price level is a significant support, with only about 2.45% distance from the current price. The entire support zone between 3.011 and 3.026 is quite dense. This kind of volume expansion often signals the start of a trend. If the price retraces to near the support level, it could be a good opportunity to go long.
A simple trading idea is: consider placing a long order around 3.026. The resistance level above is at 3.187, which can serve as a preliminary take-profit target. Such a sharp increase in volume may lead to interesting market changes later on. It is recommended to closely monitor LIT's subsequent performance.