They’re calling this a range
 but RSI tells a different story.

On the 4H chart, $LIGHT is clearly armed for a SHORT setup. Momentum is weakening, and price is setting up perfectly for a downside move.

📊 Key Insight:

The 15m RSI is extremely oversold at 19.89, which usually signals a dead-cat bounce. That bounce could be the perfect entry before continuation lower.

đŸ’„ Trade Plan (SHORT):

đŸ”č Entry: 0.2425 – 0.2476

đŸ”» SL: 0.2603

🎯 TP1: 0.2298

🎯 TP2: 0.2247

🎯 TP3: 0.2145

📉 Why this matters:

Daily structure is range-bound, but a clean break below support opens the door for TP1 and deeper liquidity target