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$LIGHT breaks resistances and rises +31% in the last hours
Bitlight Labs’ token (
$LIGHT ) shows strong bullish momentum on the 5m chart, trading near 0.2275 USDT and hitting highs of 0.2281 USDT.
Key points of the move:
Rising volume: Over 10M USDT traded in 24h with continuously buying volume candles.
Bullish structure: It keeps the support of the Parabolic SAR on short timeframes after breaking above the 0.1973 USDT zone.
Derivatives: The fast rally is causing liquidations of short positions in the perpetual market.
Is it looking to test new highs, or is a pullback coming to take profits? 📈👇
#LIGHT #Crypto #BinanceFutures #Bitlight