$LIGHT Update:
I believe $LIGHT has the potential to become the next $LAB .
The chart is developing a very similar multi-phase correction structure, with each relief rally getting weaker while the overall trend remains bearish. In my view, the market is approaching the final stage of this correction.
The $0.087–0.1000 region is the key accumulation area I’m watching. If price reaches this zone, it could offer one of the best risk-to-reward opportunities before the next major expansion phase begins.
If this scenario plays out, my long-term upside targets are $7–12.
I believe $LIGHT has the potential to become the next $LAB .
The chart is developing a very similar multi-phase correction structure, with each relief rally getting weaker while the overall trend remains bearish. In my view, the market is approaching the final stage of this correction.
The $0.087–0.1000 region is the key accumulation area I’m watching. If price reaches this zone, it could offer one of the best risk-to-reward opportunities before the next major expansion phase begins.
If this scenario plays out, my long-term upside targets are $7–12.
