🚀 $LIGHT BREAKOUT — WILL 0.2298 HOLD AS SUPPORT?
$LIGHT has broken above 0.2298 on the 5-minute chart, backed by 1.74× the average volume of the previous 20 completed candles. The latest completed 15-minute candle also closed above its 20-period moving average, supporting the bullish setup.
🟢 Long Entry: 0.2304
🎯 TP1: 0.2398
🎯 TP2: 0.2461
🎯 TP3: 0.2556
🛑 Stop Loss: 0.2241
Retest confirmation: I’d look for price to revisit 0.2298, hold above it, form a bullish 5-minute candle, and show renewed buying volume. A decisive move back below 0.2298 would weaken the breakout.
📊 Paper setup only — confirmation matters more than chasing the initial move.
Trade👇🏻
$LIGHT has broken above 0.2298 on the 5-minute chart, backed by 1.74× the average volume of the previous 20 completed candles. The latest completed 15-minute candle also closed above its 20-period moving average, supporting the bullish setup.
🟢 Long Entry: 0.2304
🎯 TP1: 0.2398
🎯 TP2: 0.2461
🎯 TP3: 0.2556
🛑 Stop Loss: 0.2241
Retest confirmation: I’d look for price to revisit 0.2298, hold above it, form a bullish 5-minute candle, and show renewed buying volume. A decisive move back below 0.2298 would weaken the breakout.
📊 Paper setup only — confirmation matters more than chasing the initial move.
Trade👇🏻