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The price action on $LIT is showing textbook compression right now. Trading range keeps narrowing down, volatility getting squeezed tighter with each passing candle. You're watching the impulses shrink - sellers can't follow through anymore, which signals something's gotta give.
This is pure pressure buildup in motion. When the range compresses this aggressively, you don't really have a choice - the expansion becomes inevitable. It's not a question of if the market breaks, it's which direction and when the traders start repositioning.
The setup's getting clearer by the day. These kinds of patterns don't just resolve sideways. Watch for volume confirmation when the move finally comes.