Massive Volatility for $LIGHT: A 10-Day Rally Erased in One Day š
From December 10 to December 21, $LIGHT surged from $0.60 to $4.7, marking an impressive +680% gain. š
However, this significant 10-day rally was almost entirely erased in just one day. The price sharply pulled back to approximately $0.87. š
Here are the key technical levels to monitor for $LIGHT: š
š¢ Upside Resistance: The $1.30 ā $1.40 zone acts as significant resistance. Sustained upward movement requires reclaiming this range. ā¬ļø
š“ Downside Support: The $0.85 ā $0.80 zone is crucial support. A breach below this level could intensify selling pressure. ā¬ļø
Extreme volatility highlights the importance of cautious trading. Avoid FOMO and always conduct your own research (DYOR) to mitigate potential risks. š”ļø
