2026-01-21 14:24:23

LIT's recent performance has attracted a lot of attention. The most direct signal is the sudden surge in trading volume at the 30-minute level, with an increase of nearly 99.3%. Such abnormal trading volume usually does not occur without reason.

From a price perspective, LIT is currently trading around 1.665 USDT. Interestingly, this price point also coincides with a clear support level on the 1-hour chart, with a deviation of only 0.77%, indicating the significance of this level.

From a technical standpoint, a sharp increase in trading volume often signals an upcoming trend movement. At this point, either the main players are quietly accumulating positions, or market sentiment is building up. If you are optimistic about LIT, you might consider going long near this key support at 1.665, with a target resistance at 1.709.

Of course, the subsequent trend still requires ongoing observation—whether the trading volume can maintain this level of activity, and whether it can effectively break through the resistance above. These are crucial factors in determining the future market direction.

LIT7.18%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
5
Repost
Share

Comment

0/400

GetRichLeek

· 5h ago

Trading volume doubles? The big players are setting traps again, let's wait and see LIT seems to be breaking out this time. If it can't hold 1.665, it will be cut in half directly The technicals look good, but I thought the same last time and ended up losing a lot Bet on 1.709? Or forget it, my wallet can't handle the turbulence The more active the trading volume, the more dangerous it is, a sign of main players offloading Hmm... such obvious support levels are actually the easiest to break through

View OriginalReply0

BearMarketLightning

· 5h ago

99.3% of the trading volume? Damn, there must be a major event, otherwise most of it would be dumping. Are the big players holding back a big move? Or are retail investors chasing the high... This level is a bit risky. If the 1.665 support can't hold, then we'll have to watch 1.6. Anyway, I'm just observing for now. A break above 1.709 is the real signal; otherwise, it's just a fakeout. How long this round can last is uncertain, it depends on the volume and momentum moving forward.

View OriginalReply0

MemeKingNFT

· 5h ago

It's the same trick of a surge in trading volume again; I've seen it too many times, and it always turns out to be a fleeting moment. This support level at 1.665... I have a feeling it's just the main players setting a trap. A 99.3% increase—this number feels a bit suspicious, I always have a premonition of being cut. Where is the genuine bottom consensus supposed to form so easily? Maybe we should wait a bit longer. Breakthrough at 1.709? Wake up, that's just a dream for the chives. Can the current volume sustain this wave? Honestly, I don't really believe it; history tends to repeat itself. Having seen so many "signs" like this, they now mostly serve as reverse indicators. What do on-chain data say? That's the real deal; surface-level hype I couldn't care less about. Following the trend is correct, but you need to clearly understand what the trend actually is—don't be fooled. This rhythm is exactly the same as before XYZ's collapse; it's a bit frightening.

View OriginalReply0

blockBoy

· 5h ago

Trading volume surges by 99.3% ? This pace is a bit intense, the main force is holding back a big move. If LIT can hold steady at 1.665 this time, only a break above 1.709 would make sense. It's the same volume precursor theory again, always said like this, then it gets cut in half. The 1.665 level is indeed tight, but it still depends on whether the subsequent buyers can absorb the selling. Does increased trading volume necessarily mean a rise? I always feel like it's a warning for bagholders. Avoid crowded places; this move might just be a trap to lure more buyers. LIT's gains are pretty good, but I still want to see if it can break through effectively before making any judgments. Such obvious abnormal trading activity suggests either a launch or the final push before distribution. The 1.665 level is definitely critical; if it can't break through, a pullback is inevitable. After hyping the support level for so long, we'll see if it can finally hold.

View OriginalReply0

ApeWithNoChain

· 5h ago

Trading volume doubling, I know someone is eating up the market. Whether this wave can break through is really hard to say. --- 1.665 looks comfortable, but I'm afraid it's just a trap to lure more in, and then it might crash down again. --- Is it the main force deploying? Or just retail investors hyping themselves up? Anyway, I'm just watching for now. --- A 99.3% increase sounds impressive, but there are also many coins that crash right after. --- If you ask me, it's not too late to wait for a real breakthrough at 1.709, don't buy the dip halfway up the mountain. --- I've seen too many of these volume spike signals, most of which end in disappointment. --- Interesting, keep an eye on 1.665 and give it a try, just treat it as a gamble. --- Does increased trading volume mean the main force is here? Not necessarily, retail investors can also create false signals.

View OriginalReply0