⚠️ $LIGHT
- Explicit shorts, bears are in control
Current situation: clear weakness + ongoing selling pressure
▫️ Trade: SHORT
▫️ Entry: $0.1667 to $0.1750 [sell zone]
My targets in sequence:
$0.1580 > $0.1500 > $0.1434 > $0.1350
Risk: if we close for 4 hours above $0.1820, I will cancel the idea entirely.
My read: the downtrend is not over yet, a second downward leg is coming.
DYOR.
- Explicit shorts, bears are in control
Current situation: clear weakness + ongoing selling pressure
▫️ Trade: SHORT
▫️ Entry: $0.1667 to $0.1750 [sell zone]
My targets in sequence:
$0.1580 > $0.1500 > $0.1434 > $0.1350
Risk: if we close for 4 hours above $0.1820, I will cancel the idea entirely.
My read: the downtrend is not over yet, a second downward leg is coming.
DYOR.
