$LIT - Retest Before Liftoff?

187
LITUSDT | 1D

After a strong breakout and impulsive move higher, LIT is starting to show signs of exhaustion as price taps into its secondary level of resistance. This area lines up with previous supply, and the rejection here suggests buyers may need to cool off before attempting another push.

If we continue to reject at 2.40-2.50, I'd be watching for a rotation back into the 1.80s-1.50s prior breakout area for an S/R flip.

Invalidation: a clean break below 1.20

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