📊 Market Overview

$LIGHT faced heavy distribution today with a sharp -40% dump, indicating panic selling and forced liquidations. Volume spike suggests capitulation phase, not strength yet.

🧱 Key Support

0.48 – 0.46 (major demand zone)

Breakdown below 0.46 = further downside risk

🚧 Resistance

0.55 – 0.58

Strong supply near 0.62

🎯 Trade Targets

TG1: 0.55

TG2: 0.58

TG3: 0.62

⏳ Short-Term Insight

Expect dead-cat bounce only if 0.48 holds. Scalping preferred.

🧠 Long-Term Insight

Trend remains bearish until price reclaims 0.62+ with volume.