I’m watching $LIGHT after a strong impulsive move and healthy consolidation on lower timeframes. Price pushed hard, paused, and is now holding above previous breakout support. Momentum is still bullish and sellers are weak on pullbacks.
Trade Plan
Entry Zone: 3.80 – 3.88
Target Points:
• TP1: 4.05
• TP2: 4.25
• TP3: 4.45
Stop Loss: 3.62
Why this works
I’m taking this because price respected the breakout zone and is forming higher lows. Volume expanded on the push up and cooled during consolidation, which is what I want to see before continuation. As long as price holds above support, buyers stay in control and upside liquidity remains open.
LIGHTUSDT
Prep
3.673
+32.44%