#Guys

$LIGHT /USDT

Current Price: ~1.15

Market Behavior: Extremely volatile after a sharp rally.

Trend:

Short-term momentum is bullish as price is trading well above key moving averages. However, the overall structure remains unstable due to the rapid price expansion.

Support Levels:

1.00 is the nearest and most important support.

Below this, 0.80 and 0.50 act as major downside supports.

Resistance Levels:

1.40–1.45 is the immediate resistance zone.

A clean break above this level may open the way toward 1.80–2.00.

Indicators:

Momentum indicators are cooling after being overextended, suggesting consolidation or a pullback rather than an immediate reversal.

Outlook:

Bullish bias above 1.00, but risk remains high. Failure to hold support could lead to a deeper correction. Suitable only for disciplined, risk-managed trading due to high volatility.