$LIGHT 📌 Reference strategy

⚠️ Quick assessment

LIGHT experienced a sharp drop from 2.39 → 0.56, then rebounded to 1.24.

This is a technical recovery after hitting the bottom → large amplitude, easy to bounce back if it holds the area of 1.1.

The overall trend is still downward, so prioritize short-term trading – do not hold long.

✅ BUY zone

Best BUY:

1.05 – 1.12 (correction area towards MA and the nearest candle bottom)

Strong bottom BUY:

0.88 – 0.95 (bottom area creating initial bounce)

Safer BUY:

When breaking above 1.28 – 1.30 with good volume

🎯 TP

TP1: 1.32 – 1.35

TP2: 1.48 – 1.55

TP3: 1.70 – 1.75 (only if the market is strong)

❌ SL

Cut loss when breaking below 1.00

If catching a deep bottom, SL breaks below 0.85