$LIGHT Perpetual – Quick Market Snapshot ( $LIGHT )

🔍 $LIGHT USDT Analysis

📊 Market Snapshot

💰 Price: ~1.42

📉 Sharp dump from 1.69 → 1.34

📊 Open Interest: ~$30M

💸 Funding Rate: +0.01 (slightly long-biased, still healthy)

🧠 Market Condition

🔻 Heavy sell-off flushed weak longs

🧲 Liquidity stacked far below at 0.68–0.67 (not immediate, but noted)

🛡️ Price holding above panic low 1.34

📐 Market trying to build a short-term base after dump

🟢 Trade Plan (LONG)

🟩 Entry Zone: 1.38 – 1.42

🛑 Stop Loss: 1.32

🎯 TP1: 1.48

🎯 TP2: 1.55

🎯 TP3: 1.63

🧩 Summary

This is a relief-bounce long after a massive dump. Funding is positive but not crowded, OI is still high, and price is stabilizing above the dump low. Idea is simple: play the bounce, manage risk, don’t overstay.