$LIGHT Short Liquidation

LIGHT saw a short liquidation of 2.4873K at 0.92846, forcing bears to exit and pushing price higher. The asset is holding above the liquidation zone, showing short-term strength.

Support is around 0.90, with stronger demand near 0.86. Resistance stands at 0.98 and then 1.05. Holding above 0.93 keeps bullish momentum intact, while a break below 0.90 could trigger a pullback.

Market sentiment is bullish but volatile. Pro tip: wait for pullbacks to support or a confirmed breakout with volume instead of chasing the move.