$LIGHT
Entry : 1.13 to 1.15
SL : 1.08
TP : 1.20 then 1.25 then 1.30
My opinion :
LIGHT is showing strong, aggressive momentum after breaking out from a deep dip — up over 54% recently. Buyers are stepping in hard, and volume supports the move. This isn’t a slow climb; it’s a recovery with conviction, but trade with caution — volatility is high.
Market behaviour :
Price bounced sharply from 0.56 and reclaimed the 99MA, now testing resistance near 1.15. If it holds above 1.13 with volume, it can push toward 1.20. The 7MA and 25MA are turning upward — confirming short-term bullish alignment.
Key risks :
A rejection at 1.15 with fading volume could lead to a pullback toward 1.08. Also, if price closes under 1.10, it may signal weakness and trigger profit-taking or stop-loss hunting.
Best move for holding or exit :
Take partial profit at 1.20 to lock in gains. Hold the rest for 1.25 with patience — if the uptrend continues cleanly, target 1.30. Avoid adding more if price stalls without volume confirmation.
If the plan breaks then watch this :
Watch 1.08 as the critical support level. If LIGHT closes below it with strong red candles and volume, exit all positions and wait for a new setup. A break here invalidates the current rally structure.
#WriteToEarnUpgrade #ALPHA $LIGHT
