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Lighter (LIT) rallies 12% on whale buying and DEX sector buzz, testing key $1.13 resistance level.

Market News
10 Apr 2026
AMBCrypto
View Source
Bullish
Lighter (LIT) rallies 12% on whale buying and DEX sector buzz, testing key $1.13 resistance level.

Lighter (LIT), a decentralized exchange token, surged over 12% driven by a whale's leveraged purchase and increased social media mentions in the DEX sector. The whale bought 2.5 million LIT tokens at $0.9184 with 5x leverage, fueling a rally past $1 and currently holding nearly $493K unrealized profit. The price is now testing a critical resistance at $1.13, with potential to reach $1.18 if bulls maintain momentum. However, profit-taking and possible price rejection near this level could lead to a pullback toward support zones around $1.05 or the ascending trendline. Open Interest on Binance also rose, indicating growing trader interest.

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