šØ $LIGHT /USDT ā MINOR PULLBACK AFTER RALLY | LONG SETUP š„
Current Price: 1.0206 | 24h Change: +18.56%
Timeframe: 15m | Setup: LONG
š What's Happening?
$LIGHT is showing impressive strength with a solid +19% rally today from the 0.8037 lows. After the explosive move to 1.1000, price is experiencing a minor -1.05% pullback, consolidating around 1.0205. The 15m chart displays a strong uptrend structure with healthy retracement, indicating bulls remain in control despite the natural profit-taking.
š° TRADE SETUP
Entry: 1.0150 - 1.0250
Targets:
šÆ TP1: 1.0450
šÆ TP2: 1.0700
šÆ TP3: 1.1000
Stop Loss: 0.9900
š Why This Trade?
ā Strong +19% rally from 0.8037 - bullish momentum confirmed
ā Healthy pullback providing entry opportunity - consolidation phase
ā Order book showing 57.98% bid dominance - buyers still accumulating
After the powerful rally from 0.8037 to 1.1000, LIGHT is experiencing natural profit-taking with a minor -1.05% correction. This pullback is healthy and provides a better entry point for continuation. The 15m structure shows the uptrend remains intact with price holding well above key support levels, suggesting bulls are preparing for the next leg up.
ā ļø Risk Management
ā¢ Only risk 1-2% of your capital
ā¢ Take partial profits at each target
ā¢ Move SL to breakeven after TP1
ā¢ Watch for volume confirmation on next breakout
ā¢ Always do your own research
š¬ Is this pullback a buying opportunity or more correction ahead?
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