$LIGHT 📈 Approved technical scenarios:
1. Bullish continuation and resistance test scenario (Long / Continuation) 📈
Success rate: 55%
📌Activation and entry conditions:
Price holds steady and respects the nearby support zone at 0.2690 - 0.2720 without breaking below it.
Or confirm entry with a clear 15-minute candle close above the local resistance at 0.2850.
🎯Price targets (Take Profit):
Target 1: 0.2968 (retest of the previous local high)
Target 2: 0.3100 - 0.3200
🚫Stop Loss: A 15-minute candle close below 0.2650.
2. Bearish correction and profit-taking scenario (Short / Pullback) 📉
Success rate: 45%
📌Activation and entry conditions:
Price fails to break through resistance, and buying momentum contracts.
A clear break and a 15-minute candle holding below the key support level at 0.2690.
🎯Price targets (Take Profit):
Target 1: 0.2547
Target 2: 0.2395 (lower support zone and major moving averages)
🚫Stop Loss: A 15-minute candle close above 0.2880.
⚠️ Strict risk management:
Strictly follow the stop-loss rule based on a 15-minute candle close to avoid intraday market noise.
Avoid excessive use of leverage, and secure profits gradually as each target is reached.
#LIGHTUSDT #long #short