$LIGHT is stabilizing after the sharp impulse move from the 2.00 region and I am watching this closely because buyers defended the pullback aggressively after the spike to 4.19. The 1h candles are forming a tight consolidation with higher lows which shows profit taking is being absorbed rather than sold into weakness. Momentum has cooled but structure remains bullish. If this base holds the next continuation leg becomes possible with a clean push.

Entry Point

3.75 – 3.60

Target Point

TP1 4.10

TP2 4.45

TP3 4.90

Stop Loss

3.35

It’s possible because every dip near the 3.60 area is getting absorbed quickly and selling pressure is failing to expand. If LIGHT stays above this support zone the move toward 4.10 becomes the natural first step before momentum attempts a stronger breakout again.

#USNonFarmPayrollReport #WriteToEarnUpgrade #BinanceBlockchainWeek

$LIGHT

LIGHTBSC
LIGHTUSDT
3.6069
+46.46%