$LIGHT just got smacked after the 0.233 rejection.

That candle tells me momentum flipped from breakout mode into a sharp reset. Price is now sitting near an important reclaim area, so this is no longer a chase-long chart. It’s a reaction trade now.

Trade setup:

Entry: above 0.2068

TP1: 0.2130

TP2: 0.2195

SL: 0.2018

If 0.205–0.202 zone doesn’t hold, this can bleed more. But if buyers reclaim 0.2068 cleanly, a bounce continuation is still on the table.

LIGHTBSC
LIGHTUSDT
0.1898
-7.32%