LIT's recent market trend is quite clear. As long as the 4-hour chart closes above $2.90 and there is a volume breakout above the resistance level of $2.95, it is worth considering entering a long position.

The initial target is $3.1. If the price moves smoothly, you can continue to chase up to around $3.3. However, there is a key defensive line that must be held — if the 4-hour closing price drops below $2.80, it indicates a potential false breakout, and it’s time to close the position and cut losses, rather than holding on.

Currently, this is a good entry point. If you are watching LIT, you can closely monitor the performance at these price levels.