$LITUSDT - Daily Demand

saw an aggressive sell-off after its impulsive rally into the $1.80 region, with profit-taking and overhead supply quickly pushing price back down. Despite the sharp rejection, buyers have so far managed to absorb the selling pressure, keeping price above a key daily demand zone and preventing a full breakdown.

Right now, price is consolidating beneath local resistance while testing whether demand can continue supporting the current structure.

For scalp longs, we want to see a reaction from the $1.30-1.20 daily demand zone. If buyers step in, a retest of the $1.50s is certainly possible.

If we're unable to break through that local resistance, price will likely rotate back into daily demand for another test. Failure to hold the $1.20s would shift focus toward the $1.15-1.00 region.

Would be interesting to see whether bulls can defend this area and reclaim higher levels from here.

Key Levels
Local resistance: $1.50
Local support: $1.30-1.20
Breakdown target: $1.15-1.00

For now, I'm watching demand closely. As long as it holds, the path toward a retest of $1.50 remains open.

Tealstreet

Advanced Crypto Trading Terminal
Lightning-fast execution — 100% free!

Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io

Content in partnership with:
linktr.ee/mooncakexbt

และใน:

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน

Tealstreet

และใน: