$LIGHT
LIGHTUSDT
Perp
0.8519
-6.94%
The coin dropped almost 80% yesterday. This fact triggers many to pick an asset "at a favorable" price. Most of these pickers will place their stops just below the nearest lows, that is, at 0.85. I plan to work out the breakout of these levels.
I will enter on activity in the order book with the absorption of a purchase order for $300K, which is at 0.85.
Goal - to capture the short impulse, which may occur on the triggering of long positions' stops.