LIT Falls 7.65% to $2.99, Tests Key Support Levels
- —Price at $2.99 is below the 7-, 15-, 30-, 50- and 90-day SMAs but above the 200-day SMA of $2.40
- —Daily volume of $70.5 million is 14.99% below its 30-day average
- —RSI at 40.2 and stochastic at 14.4 signal oversold conditions
- —Open interest, funding rates and liquidation data are unavailable
Why it matters: The drop reflects broad risk-off sentiment in crypto; holding $2.97 will determine whether LIT bounces or extends its correction.
Source: DiarioBitcoin