๐ฅ$LIGHT Strong Uptrend Pausing โ Short Setup Brewing? ๐จ
LIGHT's been ripping hard but showing signs of exhaustion: volume drying up big time on recent 4H candles (last one only 530k vs average 50M+), classic divergence.
Flows: Solid 24H inflows (+$75M โ institutions still in), but short-term profit-taking kicking in (-$4M+ on 2H/5m).
Technicals screaming correction: RSI divergence, negative funding, price at extremes.
My play: Cautious short $LIGHT (counter-trend).
Entry $LIGHT :
- Now at ~3.75
- Or better: Retest 3.85โ3.90 resistance
SL: 4.10 (above recent high)
Target: 3.20
Primary trend's still bullish, so tight risk only โ this is a quick correction play.
You fading LIGHT here or holding for the next leg up? ๐#LIGHT #LIGHTUSDT #LighterDEX


LIGHTUSDT
Prep
0.8918
-75.22%

UNIUSDT
Prep
6.162
-1.53%


NIGHTUSDT
Prep
0.10771
+37.12%