$LIGHT Bitlight Labs) – Binance | Market Insight

#LIGHT is in a deep corrective phase after a strong macro downtrend. Price is trading well below key MAs, showing weakness, but stochastic is heavily oversold, hinting at a potential relief bounce from the current demand zone. Volume is declining, suggesting sell pressure is slowing.

Entry Zone: 0.70 – 0.74

Targets: 0.82 / 0.99

Stop-Loss: 0.65

A sustained reclaim above 0.83 is needed to confirm trend reversal; otherwise, this remains a high-risk bounce play.#WriteToEarnUpgrade