MK4: $6.7M Gain on 5x LIT Long Position

MK4 (@mk4_lul) books a $6.7M unrealized gain on a 5x LIT long after the token rallied 52% over the past week, lifting the position value to $13.0M with lifetime PnL now at $173.68M via Hyperliquid perpetuals.

LIT price action shows the token holding at $0.74 inside the Bollinger Bands with upper resistance at $0.81 and lower support at $0.69. The 4h structure remains bearish as price sits below both EMA50 at $0.77 and EMA200 at $0.79 while MACD prints a death cross at -0.03.

RSI at 47.01 keeps momentum neutral, suggesting any push toward upper Bollinger resistance could trigger a retracement toward EMA50 support before the next directional move. Traders tracking LIT price prediction and Hyperliquid perpetuals LIT trading volume history note the setup aligns with broader crypto volatility patterns rather than isolated momentum.