The LIGHT market condition has experienced an aggressive increase of +20% and is currently traded at the area of 1.47, just above MA25 (±1.34). This indicates a short-term recovery, but the larger structure is still not fully bullish due to a previous extreme dump from 2.85 → 0.56. This means that the current increase is still vulnerable to redistribution if it fails to break through key resistance.
📈 LONG Scenario (Conservative & Valid)
Entry: 1.30 – 1.36 (MA25 pullback area)
TP 1: 1.55
TP 2: 1.65
TP 3: 1.95
Stop Loss: 1.18
Note:
Long is only ideal if the price stays above MA25 and volume does not weaken. The 1.55–1.65 area is an old distribution zone, so take profit gradually.
📉 SHORT Scenario (Rejection Play)
Entry: 1.55 – 1.65 (if a strong rejection appears)
TP 1: 1.35
TP 2: 1.20
TP 3: 1.00
Stop Loss: 1.75
Note:
Short is valid only if it fails to breakout and a rejection candle + selling volume appears. Do not open short in the middle of an upward impulse.
🧠 Conclusion
LIGHT is still in the phase of technical recovery, not yet a pure bullish trend.
Safe Long: wait for a healthy pullback or valid breakout.
Safe Short: only in the resistance area with confirmation.
Avoid FOMO, as the larger structure is still fragile and prone to shakeouts.
$LIGHT
