🚨 $LIT (Litentry) SMC Technical Analysis
📌 Trend / Market Structure
$LIT is still in a bearish structure (Lower Highs + Lower Lows).
But price bounced strongly from $2.05 → possible smart money reaction.
💧 Liquidity Update (SMC)
✅ Price dipped into $2.05 and likely grabbed sell-side liquidity (stops).
After sweeping liquidity → market pushed up slightly.
This move often happens before a reversal OR a trap pump 👀
🟩 Demand Zone (Buy Area)
$2.05 – $2.00
This is the key area where buyers defended hard.
📌 If price holds above it → more upside possible
⚠️ If price breaks below $2.00 → bearish continuation likely
🟥 Supply Zone (Sell Area)
$2.25 – $2.38
Heavy resistance + trendline pressure.
📌 Expect rejection here unless bulls break it clean.
✅ Bullish Confirmation (BOS)
For real reversal: 🔥 Break & Close above $2.38 = bullish BOS
Then retest = best entry confirmation ✅
🎯 Targets
📈 Upside targets: $2.25 → $2.38 → $2.70
📉 If support breaks: $1.85 → $1.70
💡 My View
Right now $LIT is in a bounce phase, but smart money needs to break $2.38 to flip trend bullish.#LIT
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