$LIGHT is still under pressure, but I am not chasing this short without a cleaner entry.
$LIGHT • SHORT
Trade setup:
Entry zone: 0,118773 – 0,119451
TP 1:0,116920
TP 2:0,115566
TP 3:0,113374
SL: 0,121821
What keeps me interested in the short:
• The 15m RSI at 23.87 is deeply oversold, which makes me cautious about piling in here.
• Price is well below the 4h EMA50, but the daily RSI at 46.5 still has room before real bearish momentum kicks in.
• I would need to see a failed bounce below 0.118773 before adding to the position.
Where I stand:
I am holding my bias short but waiting for a retest of the lower range before acting again.
The decision point:
Would you short below 0,119451, or wait for a cleaner retest?
⚠️ Personal market analysis only, not financial advice. Always verify the live price and manage your own risk.
$LIGHT • SHORT
Trade setup:
Entry zone: 0,118773 – 0,119451
TP 1:0,116920
TP 2:0,115566
TP 3:0,113374
SL: 0,121821
What keeps me interested in the short:
• The 15m RSI at 23.87 is deeply oversold, which makes me cautious about piling in here.
• Price is well below the 4h EMA50, but the daily RSI at 46.5 still has room before real bearish momentum kicks in.
• I would need to see a failed bounce below 0.118773 before adding to the position.
Where I stand:
I am holding my bias short but waiting for a retest of the lower range before acting again.
The decision point:
Would you short below 0,119451, or wait for a cleaner retest?
⚠️ Personal market analysis only, not financial advice. Always verify the live price and manage your own risk.