Big moneyโs moves are more honest than its words:
$LIGHT 1-hour plunge of 5.01%, current price 0.2427, 24h trading volume $6.05 million.
Letโs break it down from the capital-flow perspective:
ยท The decline was concentrated in just one hour, indicating highly concentrated aggressive selling
ยท 24h also down -8.35%, with market participants all moving toward the exits
ยท Next, watch for large buy orders at the lows; without them, the price could easily keep falling
Like this, and letโs check the trend in a few days to see if it holds up.
#LIGHT