🚨 $LIGHT Market Update – Key Levels to Watch
$LIGHT currently trading around $0.24 (+9%) after a sharp downtrend from higher levels.
📉 Trend Analysis (1D):
Price still below MA25 & MA99 → overall trend remains bearish.
Short-term support formed near $0.175 (recent low).
Small consolidation visible around $0.23–$0.25 zone.
📊 Market Stats:
MCap: ~$10.5M (low-cap, high volatility)
FDV significantly higher → supply pressure risk remains.
🎯 Bullish Scenario:
If price holds above $0.23 and breaks $0.30–$0.35 resistance, we may see momentum toward next liquidity zone.
⚠️ Bearish Risk:
Losing $0.23 support could retest $0.18–$0.17 area again.
💡 Strategy:
Low-cap coins = high risk/high reward. Trade with proper SL & position sizing.
Not financial advice. Always manage risk.
#LIGHT #Crypto #Altcoins #TradingView $LIGHT
