$LIGHT SHORT
Can sellers build on the current pressure and push the market down to the lower targets? At the current levels, initiative remains on the bears’ side, who are looking to continue the downward move. If buyers cannot provide a proper counter, the move will continue according to the decline scenario. The risk of a sharp rebound versus the position remains, so risk control stays a priority.
🔹Entry zone: 0.17476
🎯Take 1: 0.17165005 (+1.78%)
🎯Take 2: 0.16791011 (+3.92%)
🎯Take 3: 0.16230019 (+7.13%)
🛡Stop: 0.18099992 (-3.57%)
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#LIGHT #XRPDefends #SenateReadiesSeptemberCLARITYActVote 📈
$LIGHT
Can sellers build on the current pressure and push the market down to the lower targets? At the current levels, initiative remains on the bears’ side, who are looking to continue the downward move. If buyers cannot provide a proper counter, the move will continue according to the decline scenario. The risk of a sharp rebound versus the position remains, so risk control stays a priority.
🔹Entry zone: 0.17476
🎯Take 1: 0.17165005 (+1.78%)
🎯Take 2: 0.16791011 (+3.92%)
🎯Take 3: 0.16230019 (+7.13%)
🛡Stop: 0.18099992 (-3.57%)
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#LIGHT #XRPDefends #SenateReadiesSeptemberCLARITYActVote 📈
$LIGHT