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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LIGHTUSDT
Perp
0.226
-2.24%