Here's a ready-):**
🚨$LIGHT Quick Update on Binance Futures!
From the chart screenshot: Price was at ~$0.411 (down -14.3% in 24h), RSI oversold at 30, big red candles, touching lower Bollinger Band. Looked heavy selling pressure!
Now (shortly after): Price bounced to around $0.42–0.46 USDT on Perp. Still volatile AF – 24h volume spiked, but overall downtrend with bearish EMAs.
Short-term view:
- Possible small bounce to $0.45–0.48 if buyers step in (oversold RSI often leads to relief rallies).
- Risk: Could drop back to $0.40 or lower if sellers push harder.
This is a high-risk altcoin (Bitcoin L2/RGB protocol infrastructure play). Futures + leverage = can get liquidated fast! Stick to spot if you're holding long-term.
Not financial advice – DYOR, trade small, and stay safe! 📉📈