$LIGHT is setting up for a classic crypto trap.
The structure is clear. Massive momentum, aggressive green candles, and perpetual hype pulling in late longs.
This is exactly how tokens look before they do something irrational on the upside. A move toward $10 is absolutely possible not because of fundamentals, but because leverage, FOMO, and social hype can push prices far beyond logic in this market.
But here’s the part most people refuse to accept.
Moves like this are not meant to reward holders they’re meant to liquidate them. Once LIGHT squeezes shorts, flips sentiment ultra-bullish, and convinces everyone that “this time is different,” distribution begins.
That’s when whales exit quietly while retailers keep buying the top.
We’ve already seen this movie with FOLKS. A violent upside expansion, influencers screaming higher targets, followed by a slow bleed… and then a sudden collapse that wipes out 90%+ of value.
LIGHT is walking the exact same psychological path.
After the euphoria peak, gravity kicks in. Liquidity dries up. Funding flips.
Support levels vanish. And what once looked like a strong project starts free-falling toward reality. A dump back to $1 is not bearish fantasy it’s how leverage-driven pumps usually end.
Explode to $10 first.
Crash to $1 later.
Retail left holding the bag.
This market doesn’t reward belief it rewards timing.
