Many traders recently entered significant long positions on $LIGHT (LIGHTUSDT perpetual contract), anticipating a rapid surge towards targets like $10. This aggressive bullish sentiment, often driven by speculation, can present considerable risks. ⚠️

This price action pattern bears a striking resemblance to past market behaviors, particularly those observed with $FOLKS. Such setups are often characterized by an initial liquidity grab followed by a deceptive price pump, trapping over-eager entrants.

Understanding market dynamics is crucial; genuine price movements are dictated by structure and volume, not emotional trading or speculative targets. Prioritizing robust analysis helps mitigate risks in volatile markets. 📉