Lighter [LIT] suffered a sharp correction after rejecting the $1.80 resistance level, with the token falling more than 20% within 24 hours as selling activity intensified across the market.  The decline pushed LIT to around $1.38, erasing a large portion of the rally that had carried the asset to multi-month highs only days earlier. Trading activity also weakened during the sell-off, with volume dropping 17.58% to $128.6 million.