Rounded Bottom Breakout on $LIT – Global X Lithium

LIT (Global X Lithium & Battery Tech ETF) has been forming a rounded bottom, signaling a transition from bearish to bullish momentum. Price is now pressing against the critical resistance zone at $52.

A confirmed breakout above this level would validate the bullish reversal and open the path for significant upside.
• Entry point: On breakout above $52.20
• Target 1: $60.50 (+33%)
• Target 2: $69.00 (+32%)
• Stop loss: Just below $52 breakout zone (to protect against a false breakout)

This setup suggests a major shift in trend for lithium & battery tech, with momentum building for a possible new bullish cycle.