🚀 $LIT /USDT: The Decentralized Identity Rebound! 🌐🔥
Litentry (LIT) is flashing a strong reversal signal, surging +17.07% to trade at $1.968 as it battles the critical EMA 99 resistance. As a core player in the DID (Decentralized Identity) and RWA space, LIT is benefiting from a narrative shift toward privacy-preserving cross-chain solutions in 2026.
Market Momentum:
Technical Breakout: LIT has just reclaimed its EMA 7 ($1.867) and EMA 25 ($1.784), signaling that the "bottom-fishing" phase is over and a structural shift is underway.
Institutional Interest: Following its rebranding and integration with Polkadot’s parachain, LIT remains a fundamental favorite for identity aggregation across Web3.
Oversold Bounce: The RSI(6) at 76.6 shows intense buying pressure, though traders should watch for a short-term cooling off before the next leg up.
📈 LONG Setup (Trend Continuation)
Entry: $1.85 – $1.90 (Retest of EMA 7 support)
TP1: $1.984 | TP2: $2.150 | TP3: $3.147 (Macro Target)
SL: $1.780 (Below EMA 25)
📉 SHORT Setup (Resistance Reject)
Entry: $1.977 (EMA 99 Rejection)
TP1: $1.867 | TP2: $1.784 | TP3: $1.535
SL: $2.050
Don't ignore the "Identity" narrative—privacy is the true alpha of 2026! 💎🚀
