The currency loses value quickly and is no longer valid for trading; trust is imposed.

Urgent analysis and speculation opportunity: LIGHT/USDT
The currency $LIGHT has experienced a sharp and historic decline of over 71% in the past 24 hours, dropping the price to around $1.06 after trading near $4.80. Here’s the chart reading and entry plan:

🔍 Technical Reading:

Time Frame: The decline was vertical with very strong selling momentum, leading to the breakdown of all medium support levels.

Indicators: The RSI indicator has reached extreme oversold levels, while the MACD shows a strong downward trend that needs some time to stabilize.

Liquidity: There is a noticeable increase in open interest, indicating a potential technical rebound due to futures contract liquidations.

✅ Trade Recommendation (Quick Speculation):
Entry Point: Current area between $1.05 - $1.07.
Targets:
First Target: $1.45 (near resistance area).
Second Target: $1.78 (important correction level).
Third Target: $2.50 (if momentum is regained).
Stop Loss: Close of an hour candle below $0.85.

💡 Risk Management Tip:
The currency is in a state of high volatility. It is advisable to enter with a very small amount from the portfolio (no more than 3-5%) and not to use high leverage if trading in futures contracts.
$LIGHT
{future}(LIGHTUSDT)