$LIGHT USDT – Short Setup Active
Current Price: ~0.5584
Direction: SHORT
Timeframe: 5M - 15M
Entry Zone: 0.5580 - 0.5600 🎯
Stop Loss: 0.5620 ❌
Take Profit Targets:
· TP1: 0.5555
· TP2: 0.5520
· TP3: 0.5480 - 0.5460
Why Short?
✅ Resistance Cluster: Heavy Ask walls between 0.5585–0.5600 on Depth chart.
✅ EMA Rejection: Price below EMA(20) on 5m & 15m charts (0.5649 & rising).
✅ Bearish Momentum: RSI(14) < 50 on 15m/30m, MACD negative on 30m.
✅ Volume Divergence: Lower timeframe volume declining, lacks strong buy conviction.
Key Levels to Watch:
· Resistance: 0.5600 > 0.5650 > 0.5700
· Support: 0.5555 > 0.5520 > 0.5480 > 0.5080 (24h Low)
Risk Note:
This is a counter-trend short from local highs. A break above 0.5620 invalidates the setup and could trigger a squeeze toward 0.5670+. Use strict risk management.
Tools Used: Order Book Depth, EMAs, RSI, MACD, Volume Analysis
Style: Scalp / Short-term Swing
Trade safe. Stay disciplined. 📊
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