They are discussing privately $LIGHT /USDT is forming a trap.

$LIGHT - Short

Trading Plan:

Entry Point: 0.281768 – 0.287294

Stop Loss: 0.301112

Take Profit 1: 0.26795

Take Profit 2: 0.262423

Take Profit 3: 0.251369

Why choose this setup?

The 4-hour chart shows a short signal. The daily trend is in a range oscillation, which means a breakout is imminent. The RSI indicator on lower time frames shows weak momentum, indicating a reversal is about to happen. The key resistance level is at 0.301112 (stop loss level).

Discussion:

Can this short break through the range oscillation, or will it be a false breakout first?

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LIGHTBSC
LIGHTUSDT
0.226
-2.24%