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$LIT – Bullish Stabilization After Pullback
I’m watching this because price flushed from 1.45 into the 1.34–1.35 zone and bounced immediately. That reaction shows clear demand sitting there.
Since that bounce, I’m seeing price holding around 1.37–1.39 with tight candles and shallow pullbacks. Sellers tried to push it down again after the recovery, but they couldn’t reach the prior low.
This looks like post-drop stabilization.
We had the impulse up into 1.45, then a corrective move down, and now mid-range rotation. That sequence usually happens when early sellers exit and stronger buyers absorb supply.
As long as price keeps holding above the 1.34–1.35 area, downside pressure stays limited and structure shifts sideways to slightly upward. The market already showed where buyers stepped in.
Right now it feels like consolidation after correction, not continuation down.
I’m seeing a market that corrected — and found support quickly.