source avatarajey.lit (Perp Dex arc)

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For $LIT, which side are you on,green or red? rn LIT is sitting at a key level. If it breaks to the upside, I think a move toward the $2.70–2.90 range is possible. On the other hand, if it loses the $1.96 support, the next downside zone could be around $1.37–1.38. Personally, I can clearly see a Cup & Handle structure forming, and I’m trusting the long-term execution of the Lighter team. I think there’s a good chance we see $3 in the coming weeks but as always, that’s just my opinion. NFA That’s it. Lighter 🕯️

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