$LIGHT ๐๐๐ซฐ๐ธ๐ธ๐ค๐ค
$LIGHT ๐ LIGHT/USDT โ Bearish Scalping Setup (Short-Term Downtrend)
๐ป Strong Rejection at Top: Price faced heavy selling near 2.2585, showing clear profit booking after a massive pump.
๐ป EMA Weakness: Price is losing momentum around EMA(9) and moving closer to EMA(20) โ a breakdown below EMA(20) can accelerate selling.
๐ป Lower High Structure: After the top, candles are forming lower highs, signaling short-term trend shift to bearish.
๐ป Volume Cooling: Buying volume is decreasing after the spike, supporting a pullback phase.
๐ฏ Short Scalping Plan:
Entry: Near 2.12 โ 2.18 on rejection / EMA(9โ20) resistance
Targets: 2.05 โ 1.95 โ 1.85
Stop-Loss: Above 2.26
Not a financial advise just a technical guidance โ #light #StrategyBTCPurchase #BinanceAlphaAlert #CPIWatch #USJobsData