LIT Technical Analysis Feb 6

LIT price is exhibiting a sideways structure at the $1.49 level, holding above EMA20 despite a 3.82% drop in the last 24 hours. Critical support zones around $1.33 are awaiting tests, while BTC’s sharp drop could trigger liquidity hunts.

Current Price Position and Critical Levels

LIT is positioned in a sideways trend at the $1.49 level and is trapped within the 24-hour range of $1.33-$1.62. The price is showing a bullish structure above the short-term EMA20 ($0.76), but the Supertrend indicator points to $1.27 resistance, indicating a bearish bias. RSI at 48.64 is in the neutral zone, volume at 168.44M$ is moderate. In multi-timeframe analysis (1D/3D/1W), a total of 17 strong levels were identified: 3 supports/4 resistances on 1D, 2S/2R on 3D, 5S/3R confluence on 1W. These levels are reinforced by order blocks, liquidity pools, and historical tests; the current price position targets $1.62 for an upside breakout and $1.33 downside.

Support Levels: Buyer Zones

Primary Support

The strongest support zone is $1.33 (last 24h low, indirect score 75+), standing out as a strong demand zone on the 1D timeframe. This level coincides with the October 2025 order block; tested and rejected 3 times, a liquidity accumulation area where buyers entered with volume spikes. Aligned with 1W confluence (one of 5 supports), EMA50 (around $1.30); ideal for stop hunts on breakdown. Historically, +20% rebounds have been observed from here, invalidation is a drop below $1.27.

Secondary Support and Stop Levels

Secondary support at $0.9103 (score 77/100, resistance flip potential), strong on the 3D timeframe with supply-demand balance; tested 4 times, rejected with low-volume wicks. Below it lie $0.76 EMA20 and $0.6371 (score 71/100) – this pair has confluence with the 1W order block (remnant from November 2025 low); near POC (Point of Control) in volume profile. Deeper levels at $0.5210 (score 76/100) and $0.3868 (69/100) are breaker blocks on 1W/3D; this is a major liquidity pool, stop-loss clustering expected. Invalidation: close below $0.90, opens downside target to $0.63.

Resistance Levels: Seller Zones

Near-Term Resistances

Near-term resistance at $1.62 (24h high), strong supply zone on 1D timeframe; rejected on last test, reinforced with high-volume selling. Below it, $1.27 Supertrend resistance and $1.1507 (score 72/100) – this level is an order block from short-term swing high, confluence on 2D targets liquidity grab around 1.1507. $1.0305 (71/100) is a passing resistance, aligned with EMA10; volume increase required for breakout.

Main Resistance and Targets

Main resistance limited by extensions above $0.9103, but without upside target, monitor beyond $1.62 equal highs (1.70$ zone). This area collects 4 resistance confluences on 3D/1W; 15% historical rejections, strengthened by Fibonacci 0.618 extension. Major target requires $1.62 breakout, otherwise seller dominance continues. No invalidation above, but close above $1.62 opens path to new ATHs.

Liquidity Map and Big Players

Big players (smart money) are targeting stop-loss liquidity below $1.33; this zone is filled with clustered long stops from 1D/1W lows. Above, equal highs beyond $1.62 offer short squeeze liquidity. Order flow analysis shows imbalance between $0.91-$1.15 – this is a manipulation zone. As BTC dominance rises, downside liquidity hunt likely in LIT; volume delta negative, sellers dominant. Confluence: FVG (fair value gaps) at $1.10 and $0.70, pulling price.

Bitcoin Correlation

BTC at $64,934 level with -9.53% drop in downtrend, Supertrend bearish; altcoins like LIT show high correlation (0.85+%). If BTC breaks $62,910 support, LIT liquidity swept below $1.33 – BTC levels to watch: support $62k/$60k, resistance $65.8k. If BTC dominance rises, LIT remains under pressure, BTC above $65k required for rebound. Altcoin season distant, caution mode.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $1.49 targets $1.62 (R/R 1:2), rejection tests $1.33. Downside break at $1.33 shifts to short bias, targets $1.15/$0.91 (R/R 1:3). Upside $1.62 breaker for extension. Details in LIT Spot Analysis and LIT Futures Analysis. Wait for multi-TF confluence, risk 1-2%/stop. This outlook changes with market structure – DYOR.