📉 $LIGHT — Bearish Short Setup
SHORT $LIGHT
Entry: $0.1916 – $0.1950
SL: $0.2076
🎯 Take Profit:
TP1: $0.1820
TP2: $0.1650
TP3: $0.1500
$LIGHT is showing weakness following its recent spike, with lower highs beginning to form on the 4H chart. The rejection around the $0.20–$0.21 resistance zone keeps selling pressure in focus and could lead to further downside toward the listed targets.
🔑 Key Level: Continued rejection below the $0.20–$0.21 zone supports the bearish setup.
⚠️ Risk Note: A move above $0.2076 invalidates the setup. Wait for confirmation and manage position sizing carefully.
Bearish bias while resistance holds. 📉
Sell and Trade $LIGHT here 👇
DYOR
SHORT $LIGHT
Entry: $0.1916 – $0.1950
SL: $0.2076
🎯 Take Profit:
TP1: $0.1820
TP2: $0.1650
TP3: $0.1500
$LIGHT is showing weakness following its recent spike, with lower highs beginning to form on the 4H chart. The rejection around the $0.20–$0.21 resistance zone keeps selling pressure in focus and could lead to further downside toward the listed targets.
🔑 Key Level: Continued rejection below the $0.20–$0.21 zone supports the bearish setup.
⚠️ Risk Note: A move above $0.2076 invalidates the setup. Wait for confirmation and manage position sizing carefully.
Bearish bias while resistance holds. 📉
Sell and Trade $LIGHT here 👇
DYOR
