$LIGHT USDT PERP THRILLING MOMENTUM PLAY – PARABOLIC STRUCTURE IN ACTION
$LIGHT has delivered a massive expansion and is now consolidating above key averages after a +79% move. Price action shows strength, not exhaustion, suggesting continuation is still on the table if structure holds.
Current Price: $2.4976
24H Change: +79.50%
Timeframe: 15m (momentum + continuation setup)
Technical Breakdown
Strong impulsive rally followed by tight consolidation near highs.
Price holding above MA(7) and MA(25) confirms bulls are in control.
MA(99) far below price shows dominant bullish trend.
Pullbacks are shallow, indicating sellers are weak and dips are being absorbed.
Market Structure
Clear higher highs and higher lows.
Bullish flag / stair-step continuation forming after the impulse.
No breakdown signals yet as long as price stays above key supports.
Key Levels
Strong Support Zone: $2.38 – $2.42
Intraday Support: $2.45
Immediate Resistance: $2.58
Breakout Level: $2.62
Targets
Tg1: $2.75
Tg2: $3.10
The Main Target (extension): $3.80
Invalidation / SL
Strong close below $2.30.
Trade Idea
As long as $LIGHT holds above the $2.40 zone, the trend remains bullish. A clean breakout and acceptance above $2.62 with volume can trigger the next explosive leg toward Tg1 and Tg2, with extension toward the main target if momentum accelerates.
Trend is powerful.
Structure is clean.
Only disciplined traders survive moves like this.
