LIT Technical Analysis Jan 21

LIT price has caught a strong upward momentum at the $1.75 level, trading in the $1.61-$1.80 range with a 6.49% increase over the last 24 hours. Positioned above the short-term EMA20 ($0.76), it maintains its bullish structure, but the Supertrend resistance at $1.27 and the overall sideways trend are noteworthy.

Current Price Position and Critical Levels

LIT is trading near its recent $1.80 high at the current $1.75 price, supported by 24-hour volume of $102.18M. The price, well above EMA20 ($0.76), confirms the short-term bullish trend, but RSI at 48.64 is in neutral territory and Supertrend’s bearish signal points to $1.27 resistance. Multi-timeframe (MTF) analysis identified 17 strong levels: 3 supports/4 resistances on 1D, 2S/2R on 3D, 5S/3R confluence on 1W. This structure suggests the price may hunt liquidity within the sideways trend; $1.61 daily low acts as a strong buffer below, while above $1.80 offers breakout potential. Historically, during similar volume increases, price has reacted to order blocks producing reversals.

Support Levels: Buyer Pools

Primary Support

$0.5210 (Strength Score: 76/100) – This level is at the heart of the major demand zone on 1W and 3D timeframes. It has seen strong buying reactions 4 times in historical tests, especially rejected with high-volume wicks. MTF confluence: Aligned with 1W EMA50, stands out as POC (Point of Control) in volume profile. If price retraces here, it’s likely big players (smart money) will use it as a liquidity accumulation area; this was the starting point of the rally in the last quarter of 2025. Invalidation: Break below $0.50 triggers bearish order flow.

Secondary Support and Stop Levels

$0.6371 (71/100) – Secondary support, a frequently tested supply/demand balance on 1D timeframe. It has produced three bounces, the last one with a volume spike jumping to $0.70s. Confluence: Overlaps with Fibonacci 0.618 retracement, RSI divergences frequently observed here. Near-term $1.61 acts as additional support as a swing low; this is a liquidity pool for stop hunts. $0.3868 (69/100) – Deep support, lower boundary of 1W supply zone. Held with volume increases in two major tests, but a break activates $0.7752 downside target. Stop levels: Below $0.50 and $0.38, invalidation for long positions.

Resistance Levels: Seller Pools

Near-Term Resistances

$1.0305 (71/100) – Near-term resistance on the daily chart, a partially filled order block from the recent rally. Although price passed it on the way to $1.75, it may pull liquidity for a retest. Why important: Confluence with 1D EMA200, three rejection wicks, seller entries expected with volume drop. Together with Supertrend at $1.27, the $1.03-$1.27 corridor could be a sideways trap.

Main Resistance and Targets

$0.9103 (77/100) – Main supply zone with the strongest resistance score. Functions as a breaker block on 3D timeframe; produced four reversals when price approached, the last two with high-volume seller imbalance. Confluence: Overlap of 1W Fibonacci 0.786 and horizontal resistance. $1.1507 (72/100) – Upper resistance, a magnet near ATH. Fakeouts and downward turns in two tests; MTF 1D/3D resistance confluence. For breakout, volume above $1.80 is required, targets N/A but $1.27 Supertrend break opens upside. Invalidation: Clean break above $1.15 confirms bullish.

Liquidity Map and Big Players

The liquidity map points to stop clusters below $1.61 and buy stops above $1.80. Big players (institutional) may be accumulating positions in the $0.5210-$0.6371 demand zone; this is a liquidity pool with equal highs/lows. Above, $1.03-$1.15 seller order blocks, tendency to fill FVG (fair value gap). In the sideways trend, price may sweep these levels to create momentum. Although supported by $102M volume, BTC correlation will determine liquidity flow. Historical data: Similar setups have seen 20%+ sweep moves.

Bitcoin Correlation

BTC at $90,076 shows downtrend signal (+2.35% 24h), Supertrend bearish and rising dominance cautions altcoins. LIT’s high correlation with BTC (0.85+), if BTC supports at $89,199 / $87,304 break, LIT liquidity swept below $1.61. Conversely, if BTC breaks $90,944 resistance, LIT $1.80 breakout triggered. Main BTC levels: Support $84,637 (LIT threshold $0.63), Resistance $92,472 (LIT upside catalyst). LIT rally limited without BTC dominance decline.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $1.75 tests $1.80, momentum buy on breakout; drop below $1.61 expects $1.03 retest. Prepare for bounce from supports ($0.6371-$0.5210), short bias at resistances ($1.1507-$1.03). R/R: Upside N/A, downside to $0.7752 target 1:3+. Detailed data for LIT Spot Analysis and LIT Futures Analysis. This outlook is structure-based, risk management essential in every scenario (1-2% risk/stop).