Binance Family — $LIGHT Market Update
The 1H chart shows an extreme sell-off followed by price stabilization near the 0.85–0.90 zone. This suggests potential dead-cat bounce or short-term recovery.
On the 15m timeframe, price is consolidating with reduced volatility, indicating possible relief move.
Actionable Trade Setup (SCALP LONG)
Entry: 0.88 – 0.92
Target 1: 1.05
Target 2: 1.25
Target 3: 1.55
Stop-Loss: 0.82
Trade Rationale:
• Capitulation-style drop
• Base forming at support
• Volatility contraction
• High-risk, high-reward scalp
LIGHTUSDT
Perp
0.8972
-79.17%
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