$LIGHT
|Momentum Breakthrough Observation
LIGHTUSDT Perpetual Contract
LIGHT has just emerged from a strong rally of over 30% and is currently consolidating above $1.60. This consolidation pattern reflects strong accumulation rather than a lack of upward momentum.
From a structural perspective, the price maintains higher highs and higher lows, with each shallow pullback showing clear buying support. As long as the price holds the recently formed consolidation bottom, the continuation of bullish momentum and the probing of the next resistance zone remains a higher probability path. The short-term oscillation consolidation is actually beneficial for subsequent volume expansion.
📌 Entry Range: 1.58 – 1.63
🎯 Target One: 1.72
🎯 Target Two: 1.85
⛔ Stop Loss: 1.48
Overall, the outlook is bullish, focusing on the support strength in the 1.60 area, patiently waiting for structural confirmation.
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