$LIGHT /USDT ‌



$LIGHT is trading around 1.1648, up +157% in the last 24 hours, reflecting extreme momentum after a powerful vertical breakout. Price exploded from the 0.31 base, printed a peak near 1.40, and is now consolidating above key reclaimed levels, which is constructive rather than bearish.

On the 1H timeframe, the structure remains bullish despite volatility:

Strong impulsive move followed by a tight consolidation

Higher lows holding above the 1.05–1.10 zone

Sellers unable to force a deep pullback

Price acceptance above the breakout base

This looks like post-breakout consolidation, not distribution.

Trade Setup (Bullish Bias)

Entry Zone: 1.08 – 1.16

Target 1: 1.32

Target 2: 1.50

Target 3: 1.75

Stop Loss: 0.98

Outlook

As long as LIGHT holds above the 1.05 support, bullish structure remains intact. A clean break and hold above 1.40 with volume would signal continuation and open the door for further expansion. Failure to hold the base would lead to deeper consolidation, not an immediate trend reversal.
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LIGHT226,41%
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