LIGHT/USDT: Testing Range Resistance — Breakout or Pullback? 💡#BTCBreaks80K #LIGHTUSDT $LIGHT

​Analyzing the 5m chart for Bitlight (LIGHTUSDT):

  • Current Price: 0.1698 USDT, showing minor intraday movement (-1.05% overall, up 0.06% on the last candle).

  • 24h Range: Bouncing between a low of 0.1672 and a high of 0.1747 USDT.

  • Volume: 24h Volume stands at 9.44M LIGHT (1.62M USDT), with steady localized volume spikes during previous upward pushes.

​The price is compressing near the middle of its recent local range after multiple rejections near the 0.174+ resistance zone. Will bulls gather enough volume for a retest of the highs, or are we heading toward local support?

​What's your outlook? Drop your analysis below! 👇#BTCBreaks80K #HKCompletesFirstHKDStablecoinUseCase