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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.