$LIGHT
Strong buy signal on LIGHTUSDT with confirmed upward momentum across multiple indicators!
The price is in the overbought area with all indicators continuing to confirm bullish dominance. The current phase resembles a bullish accumulation phase with a surge (increased OBV and volume) which enhances the likelihood of further increases.
If the price stays above 1.22, it rises towards the targets. If it breaks 1.16, the trend turns bearish.
🟢 Entry target:
From 1.22 to 1.28
🎯 Exit targets:
1. 1.30
2. 1.35
3. 1.40
⛔ Stop loss: 1.16
$LIGHT
· Increase +43.01%: Huge buying strength and bullish control.
· Moving averages (EMA): All are rising and sequential (7 > 25 > 99) = strong bullish trend.
· RSI: All values above 70 = overbought (beware of a slight correction possibility but momentum continues).
· STOCH RSI: Above 80 = very strong upward momentum and continuation of buying.
· OBV: Very high = steady buying volume supporting the rise.
· MACD (DIF & MACD): Positive = continuation of the upward trend.
· Volume (Vol): Below average = calm before a potential upward storm.
