💥 Big win on $LIGHT short earlier! 💥
The $LIGHT stock just dropped hard, printing a major capitulation candle after an extended rally. 🚨 This sharp move typically flushes out the weak hands and resets the chart before deciding the next big move.
📊 What to watch for next:
If buyers step in and hold the support, we might see a bounce, but remember, only jump in after confirmation — don’t trade with emotions!
🎯 Bounce Targets:
🔹 TP1: 1.18
🔹 TP2: 1.60
🔹 TP3: 2.32
⚠️ High Risk Zone — trade wisely and react, not based on hype!
LIGHTUSDT
Prep
0.9572
-8.54%
POWERUSDT
Prep
0.29411
-5.24%
#light #TradeSmart #TechnicalAnalysis #RiskManagement #MarketWatch