🔴 LIGHT | The chart indicates a sell, not a suggestion💰 Current price: 1.4143$LIGHT
LIGHT
Alpha
1.42958
+22.54%
The short-term trend is bearish and selling pressure is clear, here is the plan:
📌 Entry (SELL):
Direct sell entry between:
1.41 – 1.40
Or after a clear break below 1.40 and closing under it
🎯 Targets (TAKE PROFIT):
First target: 1.36
Second target: 1.32
Third target (for professionals): 1.27
⛔ Stop Loss:
Above the last peak directly at:
1.46
⚠️ Trade Management:
Upon reaching the first target ➜ move the stop to the entry point
If the price strongly rebounds above 1.46 ➜ exit immediately
🔥 This trade is a sell with the trend
Not an attempt to catch a bottom or playing on luck.