LIT continues to be under pressure, with the bearish momentum remaining strong. The decline has been ongoing for 25 hours since starting at 3.07, with the trend line gradually moving down to 2.807, forming a solid resistance. Currently quoted at 2.62, it has been firmly pinned below the trend line.

From the low of 2.24, the rebound has reached a 17% increase, which seems somewhat hopeful, but when pushing upward, it gets stuck around 3.06—there is too much selling pressure here. It is still 7% away from the trend line, and the bearish control of the market remains unchanged.

This 2.807 trend line is particularly critical and serves as an important reference point for stop-losses. Once it breaks upward, the bears may loosen their grip, and a rebound could be possible. Otherwise, every upward attempt is likely to turn into a shorting opportunity. The key going forward depends on whether this level can be broken.