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Lighter (LIT) crashes below $1, hitting a new low amid heavy selling pressure and a 17% weekly drop.

Technical Signals
23 Mar 2026
AMBCrypto
View Source
Bearish
pluang ai news

Lighter (LIT) has fallen sharply below its key $1 support level, reaching a new all-time low near $0.91 due to intense selling pressure and bearish momentum. The altcoin has declined over 17% in the past week, with sellers dominating the market and buyers nearly absent. Indicators like the RSI and moving averages suggest continued downward momentum, putting LIT at risk of further declines toward $0.85 unless it recovers above $1. This trend highlights significant downside risk for investors in the near term.

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