Signal $LIGHT Long High-Probability (Oversold Bounce Setup – WR Potential >85% if alignment)

This is a counter-trend setup (risky!), but suitable for volatile coins like LIGHT post-dump. Only enter if full confirmation – do not FOMO.

Entry Long:

Trigger: Price holds above 0.70 (break mini resistance) + bullish cross Stochastic/RSI at 15m/1H, or candlestick reversal (hammer/doji) with volume > average.

Entry Zone: 0.68 – 0.71 (buy dip if reject low 0.635).

Stop-Loss (SL): Tight below support 0.63 (risk 5-8%).

Take-Profit (TP):

TP1: 0.77-0.80 (first resistance, +10-15%) – take partial profit.

TP2: 0.90-1.00 (Fib retracement 0.382 from dump, +30-40%).

TP3: 1.16-1.34 (if strong breakout, +70%+ – trailing stop).

Risk-Reward Ratio: Minimum 1:2 (for example risk 0.05 for reward 0.10+). Small position size (1-2% of account) due to crazy volatility (423% estimated!).

Additional Confirmation for Higher WR:

Volume increases during rebound (buyers entering).

BTC stable (LIGHT correlated with Bitcoin DeFi hype).

Positive news (Bitlight Labs update RGB/Lightning – monitor X for catalyst).

Invalidation: If break below 0.63 with high volume → switch to short, target 0.50-0.46.

Currently not fully confirmed long (still bearish overall, Fear & Greed extreme fear). Wait for LTF confirmation + hold support. This could be a dead cat bounce or the beginning of recovery if BTC L2 adoption increases.

Disclaimer: This is not financial advice – crypto is high risk, could liquidate. DYOR, use strict risk management. If price updates or need to adjust signal, let me know! 📈🚀