$LIGHT $LIGHT is showing a clear short-term bearish structure on the 4H chart. Price has dropped to $0.1165 (-12.48%), breaking below key moving averages (MA7, MA25, and MA99), while consecutive red candles indicate strong selling pressure.
🔻 Recent rejection from the $0.1401 high triggered a sharp decline. 🔻 Volume increased during the sell-off, confirming bearish momentum. 🔻 Current support sits around $0.1155 — a break below could open the door to lower levels. 🔻 Bulls need to reclaim $0.125-$0.128 to shift sentiment back toward recovery.
Market Sentiment: Bearish 🐻 (short-term)
Always manage risk and wait for confirmation before entering trades.
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