Markets· ★★· bearish·

LIT drops 7% in 24 hours, approaches critical support at $3.74

  • —LIT fell 7% in 24 hours to $3.80, down 23.57% on the week
  • —MACD confirmed a bearish signal with a negative histogram
  • —RSI at 41.9% shows pressure without extreme oversold conditions
  • —Key support at $3.74 (50% Fibonacci), volume 6% below average
Why it matters: Holding the $3.74 support will determine whether the drop remains a correction within an uptrend or marks the start of a reversal.
#LIT
Source: DiarioBitcoin
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