$LITE has recorded a significant long liquidation, indicating bulls are being forced out as sellers strengthen their control. The large liquidation size points to increasing downside momentum.
📊 Current Market Structure: Bearish Continuation
🟢 Support: $830.00 – $820.00
🔴 Resistance: $850.00 – $865.00
🎯 Breakdown Level: Below $830.00
A sustained move below support could extend the bearish trend toward the next demand zone.
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