$LIGHT
PERP TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
Support Zone: 0.60 – 0.58 (previous resistance turned support)
Resistance Zones: 0.66 / 0.70 / 0.76
Indicators Outlook:
Trend: Bullish structure with higher highs and higher lows
Momentum: Buyers remain in control after the breakout
Volume: Expansion on the upside confirms strength
EMA Structure: Price holding above short-term EMAs supports continuation
Trade Plan (LONG):
Entry: On pullback and confirmation above the 0.60–0.61 support zone
TP1: 0.66
TP2: 0.70
TP3: 0.76
SL: Below 0.57 (structure invalidation)
Risk Management:
Use low leverage, risk only 1–2% per trade, move stop to breakeven after TP1, and avoid chasing entries.
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