LIGHT/USDT Overheated Rally Alert! đ
Current Price: $2.25 (+48%)
đ The RSI has shot up to 93+, putting LIGHT deep inside the overbought zone!
The price has moved far above the short-term MAs, suggesting a possible cool-down or pullback ahead.
đ° For traders:
Those already in profit may consider partial profit booking near this level.
New entries could wait for a healthy retest zone around $1.85â$1.95 before going long again.
â ïž If RSI drops below 70, it could be the first sign of correction starting.
đ Key Levels:
đŒ Resistance: $2.30 â $2.35
đœ Support: $1.90 â $2.00
đ RSI: 93.55 (Overbought)
đ„ Volume: Strong spike
đ„ Summary:
A parabolic move with massive volume â momentum traders made big gains, but late entries should be cautious. A short-term correction is very likely.
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