$LIGHT
LIGHT/USDT – Trade Plan (SHORT Setup)
Entry: 2.85 – 2.95 (only on clear rejection / wick formation)
Target 1: 2.45
Target 2: 2.10
Stop Loss: 3.10
My View:
LIGHT has gone into a parabolic move (+200% in days) with extreme volume expansion. Price is now far extended from value and moving in a low-liquidity zone. Such moves usually cool off via sharp pullbacks. Best probability comes only if price shows rejection near the top — no blind shorts. Risk–reward favors short on exhaustion, not continuation long here.
Bias: Bearish below 3.10
Disclaimer: Not financial advice. Trade at your own risk.
LIGHTUSDT
Prep
3.5319
+42.62%