🔴$LIGHT — Longs Overextended
Long Liquidation: $9.5406K at 3.1855
Current Price: ~3.02
Key State: Failed breakout, volatility reset
Support Zones:
2.95
2.78
Resistance Zones:
3.18
3.42
Market Insight:
LIGHT rejected higher prices sharply. Heavy long exposure near resistance left no room for error.
Sentiment: Bearish short-term
Next Targets:
2.95
2.78 if weakness extends
Next Move: Needs stabilization before trend resumes
Pro Tip: When big long liquidations hit after a breakout, the breakout wasn’t earned.
LIGHTUSDT
Perp
0.8492
-0.48%