Technical analysis by CryptoAnalystSignal about Symbol LIT: Buy recommendation (10/24/2024)

#LITThe price is moving in a descending channel on the 1-hour frame and sticking to it wellWe have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.642We have a downtrend on the RSI indicator that is about to be broken, which supports the riseWe have a trend to stabilize above the moving average 100Entry price 0.650First target 0.681Second target 0.707Third target 0.750