LIT token rebounds 10.37% amid buybacks and positive market sentiment but stays below key resistance.

LIT token rose 10.37% to $1.53 following a 20% drop from $1.80, driven by renewed interest in AI-related contracts and a token buyback program. Trading volume increased 20.83%, and exchange outflows suggest holders are moving tokens off exchanges, tightening supply. Positive funding rates show traders remain bullish, though price must break above $1.5682 to confirm a full recovery and challenge the $1.80 resistance. The current rise is a recovery attempt, not a confirmed end to the correction.