Why: Massive breakdown from the top with no real recovery. Price is consolidating below all key MAs, volume is fading after the dump, and RSI is weak — this looks like distribution after panic selling. As long as LIGHT stays below ~0.70, downside continuation is favored.
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Dead bounce territory — trend still heavy. I’m shorting $LIGHT again 👇📉
🔻 $LIGHT /USDT Short Setup (15m)
Entry Zone: 0.66 – 0.68
Stop-Loss: 0.75
Targets:
TP1: 0.58
TP2: 0.52
TP3: 0.45
Why:
Massive breakdown from the top with no real recovery. Price is consolidating below all key MAs, volume is fading after the dump, and RSI is weak — this looks like distribution after panic selling. As long as LIGHT stays below ~0.70, downside continuation is favored.
{future}(LIGHTUSDT)
#CPIWatch #StrategyBTCPurchase