Stop scrolling 🚨 this chart needs attention
$LIGHT just crashed hard and price is now around 0.96 after a massive dump from the 4.60 area. Panic selling already happened and sellers look exhausted here.
This zone is very important. Price is holding above 0.85 support and moving sideways. That usually means smart money is watching while weak hands already exited.
Long idea is simple.
Entry near current price 0.95 to 0.98
First target 1.30
Next target 1.70
If momentum comes back strong then 2.30+ is possible
Invalidation is clear.
If price loses 0.85 this idea is wrong.
LIGHTUSDT
Perp
0.8803
-76.12%