$LIGHT | Spot / Swing Outlook

LIGHT

Alpha

0.87155

-76.90%

$LIGHT Price has completed a sharp sell-off from the rising channel and is now stabilizing near the lower trendline support. After a strong impulsive drop, selling pressure has clearly cooled down, and price is starting to base at a historically reactive zone.

This area often acts as a high-risk/high-reward reversal pocket. As long as price holds above the current support, the probability favors a relief bounce toward the upper range of the structure.

Acceptance above the base would confirm buyers stepping in, opening the door for gradual upside expansion toward previous resistance levels.

📌 Key idea: Capitulation → Base → Potential reversal
⚠️ Invalidation only if support breaks decisively.