$LIGHT /USDT rallied sharply from the 0.2395 base into a spike high at 0.2742, then transitioned into a sideways consolidation between 0.253–0.268. Price now trades around 0.258 after rejecting upper range supply, holding mid-range support. Structure shows range compression after expansion, signaling buildup before the next directional move.
Market Overview:
Momentum is neutral-bullish while price holds above 0.253. The repeated rejection near 0.268 marks clear resistance, but higher lows from 0.2395 keep recovery structure intact. A breakout above 0.268 opens continuation toward 0.292–0.310. Loss of 0.253 shifts bias bearish toward 0.240 demand.
EP: 0.253–0.260
TP: 0.292 / 0.310
SL: 0.239
Price remains in consolidation after impulse; breakout from 0.268 range ceiling would confirm the next bullish expansion leg.
LIGHT
Alpha
0.23617
-7.20%