LIT: Whale Accumulates 1.358M Tokens at $2.23 Average

LIT saw a whale deploy 850 WETH ($1.52M) for 572929 tokens in the last day, lifting total holdings to 1.358M LIT at a $2.23 average cost for $3.03M.

Price action on the 4h chart shows LIT trading inside Bollinger Bands with upper resistance at $0.81 and lower support at $0.69 while EMA50 at $0.77 and EMA200 at $0.79 cap upside; the MACD death cross at -0.03 and neutral RSI of 47.01 confirm sustained bearish pressure that could drive a retracement toward the 50-EMA before any recovery attempt.