Market Sentiment & Volume Observation:
Deep Dive:
The volume profile on $LIGHT shows that big players (whales) have been distributing (selling) since the $1.00 mark. The drop to $0.52 happened on high volume, which confirms the strength of the downtrend.
What to Watch:
We need to see selling volume dry up completely before a bottom can form. Right now, momentum indicators are still pointing down.
Patience is your best asset in this market conditions.
Watching: $PROM , $ZKC , $LIGHT
#Lightdefi #VolumeAnalysis #CryptoMarkets #tradingStrategy #BinanceHODLerZBT



