$LIGHT These are the Zones I've marked,If Price goes there The coin can Retain it's strength but it'll need a Lot of buying Volume really alot.As we all know it was a rugged coin cuz the 98% of the supply was Hold by the top Persons/Owners and 1.98% were us.When they sold it died leaving the rest to us sellers and buyers.The selling was this insane the coin as oversold with RSI touching 100 at a Point so it fell so Hard and there weren't enough Buyers to match the sellers selling Volume,Now there is alot of Selling Liquidity at that points if Buyers even manage to take even one zone of Liquidity the coin can rise again if Not it's doomed and the sellers will defend that level with all they Got.
if you've Longs I think you shouldn't open and wait for the RSI and EMA or MACD to show some signs because In this situation Candlestick patterns will do nothing and Indicators will so be vigilant Don't trade if You see some dude on Binance saying You should Buy Now,They don't care About Your Money they care about the liquidity You'll give the market.
LIGHTUSDT
Perp
0.9005
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