2026-01-19 22:22:21

LIT's recent performance is worth paying attention to. After a volume-driven decline, the price action clearly shows signs of a weak breakout, accompanied by a high trading volume of 87 million. All these signs point in one direction — the main force is unloading, not simply a long squeeze.

From the daily chart perspective, a -16% decline after breaking below a key support level is already a strong confirmation signal of the trend. This is not a false move, but a genuine bearish-led sell-off. The change in open interest combined with the price movement fully aligns with a bearish control rhythm.

The technical trading opportunities here are:

📊 Short position, entry range set at 1.680-1.710, stop-loss at 1.780 (this is rigid). If the judgment is correct, the target can be 1.550, with a further target of 1.420.

It is crucial to note that once the price rebounds back to the previous support zone (now turned resistance), it will face new selling pressure. Market psychology has already shifted, and this is very important. Any rebound is actually a good opportunity to establish or increase short positions. The situation is dictated by the bears.

LIT-7,19%

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SillyWhale

· 9h ago

Damn, it's another distribution phase. Every time I hear this, I end up losing big last time I heard that. Is it the bears in control? I think it's the institutions harvesting retail investors, haha. With a target of 1.42, dare to make a bet? This time I really don't believe it. I'll wait for the rebound to see. If the main force is distributing, I'll take the plunge. Anyway, I can't lose much more money.

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SquidTeacher

· 10h ago

The rhythm of the main force's distribution is really impressive. With a trading volume of 87 million, retail investors simply can't keep up. To be honest, the 1.68 level feels a bit timid. I'll wait for a rebound to 1.72 before entering, to be safer. If the bears are in control, then let them continue to show off. My plan to buy the dip will proceed slowly. This wave of decline was indeed fierce, but setting the stop-loss at 1.78 is way too tight. Rebound and then build positions—sounds simple, but execution depends on market intuition.

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TheShibaWhisperer

· 11h ago

The main force unloading has been heard too many times, and it's not uncommon to see a sudden surge to the limit afterwards. LIT's recent decline has been quite fierce, but I still think that such a beautiful data-driven trend is easily susceptible to being smashed in the opposite direction. Honestly, that target of 1.420 is a bit too optimistic, isn't it? Wait, this is a standard bearish argument... feels a bit too perfect. People who buy on the rebound, in the end, didn't lose anything either.

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MEV_Whisperer

· 11h ago

With such obvious main force dumping, who still dares to buy the dip? I just don't understand.

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PriceOracleFairy

· 11h ago

nah 87m volume dump screams institutional exit, not some retail liquidation cascade... the math checks out tho, -16% after breakdown is literally textbook entropy shift. shorting into resistance is where the real alpha hides, not some noob trap bounce

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AirdropHarvester

· 11h ago

The main force is really dumping, I dare not buy in this wave.

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ImpermanentPhobia

· 11h ago

Is the main force selling off so blatantly, and are there still people willing to buy in? A 16% drop didn't even scare the retail investors... The current rhythm of the bears is indeed tight; every rebound is met with selling pressure. It feels like 1.55 is hard to defend. Why does it seem like LIT has been constantly being cut recently? Maybe it's better to stay away... It's the same old story of entering and stop-loss. How many people can really hold on to 1.78 without stopping loss? Just looking at the 87 million trading volume makes my scalp tingle. Is the main force really this blatant?

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TrustlessMaximalist

· 11h ago

I'm tired of the main force dumping this set. Every time they say the bears are in control, but then they reverse and push the price up, it's just a routine to cut the leeks. --- A 16% drop is considered a confirmation signal? Laughable. Such fluctuations are common in the crypto world; don't think of yourself as a master. --- Again, target prices of 1.550 and 1.420. I stopped believing in such precise predictions down to the decimal point a long time ago. --- Is 87 million in trading volume considered high? It depends on the history. This data alone doesn't indicate much. --- Buying short positions on a rebound— isn't that just gambling? It's almost like flipping a coin. --- LIT is just a small coin with poor liquidity. The main force can push or smash it at will. Technical analysis is useless. --- A 1.780 stop-loss is too close. You're just giving money to the exchange.

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StealthDeployer

· 11h ago

The signal of the main force selling off is so obvious, a rebound is just a gift to the bears.

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