LIT drops 10.64% on October 14, tests key support levels
- —Price at $3.08 after a 10.64% daily drop from the $3.44 open
- —Trading below SMA-7 ($3.59), SMA-30 ($4.21) and SMA-90 ($3.36)
- —Volume of $61.26 million, 35.55% below the 30-day average
- —RSI at 37.2 and bearish MACD, but price still above SMA-200 ($2.26)
Why it matters: The decline lacks volume confirmation and a clear catalyst, leaving room for further downside if supports break, though the SMA-200 still underpins the longer-term trend.
Source: DiarioBitcoin