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LIT token jumps 11% amid bullish signals, eyeing a 34% rally if resistance breaks

Technical Signals
19 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Lighter's native token LIT surged 11% following bullish technical signals like the Golden Cross and a strong Money Flow Index reading, indicating potential for further gains. However, LIT faces a key resistance level that has previously capped price advances, with a clean breakout possibly leading to a 34% rally toward $1.38. Despite a $386 million drop in Total Value Locked since March, rising trading fees suggest increasing user activity, balancing concerns over capital outflows. Investors should watch the resistance level closely for confirmation of sustained momentum.

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