$LIGHT VIP Signal｜Latest Brief Analysis
Liquidation Dynamics:
A liquidation of $5.03K long positions occurred at $3.8011, indicating that highly leveraged long positions have been flushed out, and the short-term structure is weakening, with liquidity below becoming the market's focus.
📉 Market Bias: Bearish (short-term Bearish)
Current Price: ~$3.80
Entry Range (Short Selling): $3.80 – $3.88
🎯 Target Levels:
TP1: $3.60
TP2: $3.35
TP3: $3.05
🛑 Stop Loss: $4.05
Technical Logic:
After the liquidation, the price failed to regain $3.85, indicating that selling pressure remains. If it continues to be pressured below this range, the market is likely to continue to probe down to the demand zone below.
LIGHTUSDT
Perp
3.6449
+47.65%