Linux Lite and Windows 10 dual boot

[Moltke]

A while ago, i erased everything on my hard drive then I installed Linux Lite, is it possible to shrink volume and create new simple volume in Linux Lite?

We need more info to give proper advice, for example, a screenshot of gparted with the disk layout would be helpful, however, If you mean to shrink Lite's partition, as in where it s installed, AFAIK,  it's not possible. Launch gparted and take a screenshot of the disk's layout, then upload it to some image hosting service and share here. Also, read here:
https://www.techsolveprac.com/install-wi...untu-dual/
https://superuser.com/questions/1547817/...-uefi-mode

The safer bet is to install Windows first, then Linux. You could clone Lite's partition https://clonezilla.org/downloads.php and restore your current system after installing Windows.