#数字资产市场动态 $LIGHT Today's trend is indeed interesting. After an early surge, it directly plummeted, dropping to 0.46, and there was little support below the 0.5 threshold.
This kind of pattern is seen often—initial rise to attract buyers, then a waterfall decline. From a technical perspective, the fundamentals of this coin are already quite fragile, and liquidity is rapidly diminishing. The opportunity for shorting is actually clearer.
In the short term, a rebound is a good opportunity to short. Without new funds entering the market and without actual demand support, the reasons to look further down are even stronger. After the dump of this kind of pump-and-dump coin, it usually enters a long decline phase.
If there is a slight rebound later, it’s a window to reduce positions or short. In this crypto market trend, choosing the right direction is much more important than bottom fishing.
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WalletDetective
· 3h ago
It's the same old story, pump to lure buyers and then dump, nothing new. After breaking 0.46, there's really no support left, and liquidity has all dried up.
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RektRecorder
· 4h ago
It's the same old trick again; the bagholders at the high levels are going to get cut again.
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SerumDegen
· 12-26 07:30
ngl this $LIGHT dump screams classic pump exit liquidity trap... seen this cascade pattern too many times not to recognize it lol
Reply0
FlippedSignal
· 12-26 07:30
It's the same old story, a surge to attract buyers and a waterfall decline. I'm tired of it.
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ClassicDumpster
· 12-26 07:30
Same old trick, raising the price to sell off, seen it many times.
Once it breaks below the key level, it's over; no one is buying this coin anymore.
A rebound is just an escape window, don't think about bottom-fishing.
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SeasonedInvestor
· 12-26 07:29
It's the same old trick again, I'm tired of it. When 0.46 breaks, it's time to face reality.
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GateUser-75ee51e7
· 12-26 07:26
It's the same old story, pump to attract buyers and then dump, I'm tired of this LIGHT rhythm. Breaking below 0.46, so what support are we talking about? I should have sold early.
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ConfusedWhale
· 12-26 07:09
It's the same old trick again, pump the price to attract buyers and then dump, I'm tired of seeing it
Shorting is the right way, run when there's a rebound
#数字资产市场动态 $LIGHT Today's trend is indeed interesting. After an early surge, it directly plummeted, dropping to 0.46, and there was little support below the 0.5 threshold.
This kind of pattern is seen often—initial rise to attract buyers, then a waterfall decline. From a technical perspective, the fundamentals of this coin are already quite fragile, and liquidity is rapidly diminishing. The opportunity for shorting is actually clearer.
In the short term, a rebound is a good opportunity to short. Without new funds entering the market and without actual demand support, the reasons to look further down are even stronger. After the dump of this kind of pump-and-dump coin, it usually enters a long decline phase.
If there is a slight rebound later, it’s a window to reduce positions or short. In this crypto market trend, choosing the right direction is much more important than bottom fishing.
$PIPPIN $BEAT