💥 $LIGHT — Short Bias Still Strong
After a wild +400% pump, $LIGHT crashed nearly 74% in just 24 hours — textbook blow-off top alert. ⚡
Profit-taking combined with overheated BTC/DeFi hype collided with shaky tokenomics (only ~10% circulating, huge dilution risk looming).
Technically, dropping below $1.48 support unleashed stop-loss cascades, confirming the structure is shattered.
For now, any bounces aren’t real reversals — they’re prime short setups until liquidity calms and dilution risk is fully priced in.


