📉 LIGHT/USDT - CRITICAL SUPPORT PLAY! ⚠️
CURRENT PRICE: $0.8736 🔻 (-4.58%)
ENTRY ZONE:
📍$0.875 - $0.850 (24h Low & Key Support Area)
TAKE PROFIT:
✅TP1: $0.888 (MA7 Resistance)
✅**TP2:** $0.988 (24h High Retest)
✅TP3: $1.390 (MA99 & Major Resistance)
STOP LOSS:
❌SL: $0.845 (Below 24h Low & Structure)
WHY THIS SETUP?
· EXTREME DUMP FROM HIGHS: Down from $4.70 - Massive -81% drop
· SUPPORT TEST: At 24h low $0.8500 - Critical hold level
· OVERSOLD BOUNCE: Potential dead cat bounce from extreme lows
· VOLUME SPIKE: Increased activity near support
· DISTANCE TO MAs: Far below MA(25) at $2.22 - Long road to recovery
HIGH-RISK REVERSAL PLAY:
· This is a counter-trend scalp from extreme oversold levels
· Enter ONLY if support holds
· Expect violent volatility
· Size tiny - high probability of failure
🚨 EXTREME RISK WARNING:
· -81% from ATH - Severely damaged chart
· This could be a "falling knife"
· Only for experienced risk-takers
· Trade with ≤ 0.5-1% capital MAX
· Not financial advice
💀 Like & Follow for more high-risk opportunities!
🎯Catch the bounce or get cut trying.
#LIGHT #Altcoin #Crypto #Oversold #BouncePlay #BinanceSquare #HighRisk #TradingSignals #DeadCatBounce
