$LIGHT still looks bearish to me.

The 4H chart did the damage: hard rejection from 0.2827, loss of MA7 and MA30, negative MACD, and RSI still weak after the dump. The 15m chart is only showing a small bounce from the 0.1444 flush, but price remains below MA30 and far below MA200, so this does not look like a true reclaim yet. Binance exposure helped the earlier move, but current sentiment is dominated by volatility and structurally bearish tokenomics, not clean continuation.

Bias: Short

Entry: 0.1560–0.1630

SL: 0.1715

TP1: 0.1490

TP2: 0.1415

TP3: 0.1320

If bulls cannot reclaim 0.163 with real strength, I expect more downside pressure or weak sideways bleed.

#LIGHT #Bitlight #Futures #Trading #BitcoinL2