🚀 $LIGHT Long Setup Alert, Bull Analysis
$LIGHT /USDT shows a sharp sell-off into the 0.561 demand area followed by a strong bounce and reclaim on the 1H chart. With price holding above the rebound base, a move toward the 0.603–0.631 resistance zone looks probable.
📊 Market Snapshot
Timeframe Analyzed: 1H
Current Price: 0.5898
24h High: 0.6312
24h Low: 0.5611
Volume: 32.69M LIGHT
📌 Key Levels to Watch
Support: 0.5730, 0.5611, 0.5575, 0.5890
Resistance: 0.6039, 0.6193, 0.6312
🎯 Trade Setup
Entry Zone: 0.5820 to 0.5940
TP1: 0.6039
TP2: 0.6193
TP3: 0.6312
SL: 0.5595
⚠️ Invalidation
Setup invalid if LIGHT closes 1H below 0.5730 and continues to hold below it (reclaim fails).
✨ Summary
Rebound continuation setup. As long as price stays above the stated supports, the path toward 0.6312 remains in play. Watch for a break and retest above 0.6039 or volume expansion on the push into 0.6193.
