$LIGHT /USDT
LIGHT has been in a steady uptrend since the 0.08 lows. It just made a new high at 0.1790 and is now consolidating right under the 0.18 resistance. +11.36% on the day with 8.37M USDT volume.
đŻ *Breakout Zone:* 0.178 â 0.180
đ *Targets:* 0.200 â 0.220 â 0.240 â 0.260
đĄïž *Invalidation:* Daily close below 0.160
*Setup:*
Wait for a daily close above 0.180 to confirm breakout.
A retest of 0.170 â 0.165 as support after breakout would be ideal entry.
Structure is bullish: Higher lows since June, no major resistance until 0.20.
If it gets rejected at 0.18 again, expect pullback to:
â `$0.160`
â `$0.150`
đ *Key Level: 0.180*
Above it â Bullish continuation đ
Rejection â Back to range 0.15 â 0.17 đ
Momentum looks good. Just need that close above 0.18.
LIGHT has been in a steady uptrend since the 0.08 lows. It just made a new high at 0.1790 and is now consolidating right under the 0.18 resistance. +11.36% on the day with 8.37M USDT volume.
đŻ *Breakout Zone:* 0.178 â 0.180
đ *Targets:* 0.200 â 0.220 â 0.240 â 0.260
đĄïž *Invalidation:* Daily close below 0.160
*Setup:*
Wait for a daily close above 0.180 to confirm breakout.
A retest of 0.170 â 0.165 as support after breakout would be ideal entry.
Structure is bullish: Higher lows since June, no major resistance until 0.20.
If it gets rejected at 0.18 again, expect pullback to:
â `$0.160`
â `$0.150`
đ *Key Level: 0.180*
Above it â Bullish continuation đ
Rejection â Back to range 0.15 â 0.17 đ
Momentum looks good. Just need that close above 0.18.