🚨 Bullish Setup on $LIGHTUSDT
LIGHT has shown a iquidity sweep (aka wick fill or stop hunt) happens when price makes a sharp, aggressive move below a key support level (or above resistance), wicking down to grab liquidity — triggering stop-losses from longs, shaking out weak hands, and filling buy orders from smart money. It's often a fakeout: the drop isn't sustained, and price quickly reverses as buyers defend the level aggressively.
Classic sign: Massive volume on the red wick candle, followed by strong recovery (often closing near pre-drop levels). This hunts leveraged positions in perps and sets up for a reversal.
Exactly what we saw on $LIGHTUSDT today (Jan 6, 2026): Price grinded lower, then wicked straight down to 0.6000 (24h low), spiking volume hugely — likely cascading long liquidations. Immediate bounce back to ~0.621-0.632, rejecting lower prices hard. Buyers stepped in big at the lows. 🔥
Trading Plan (Long Bias):
- Entry: Aggressive — Buy now around 0.63-0.632 (post-sweep reclaim). Conservative — Wait for break/reclaim above MAs (~0.638) or a higher low on 15m/1h.
- Stop Loss: Tight below the wick low — 0.5980-0.5990 (invalidates if we close below).
- **Targets**:
- TP1: 0.6547 (24h high) — partial profits.
- TP2: 0.680-0.700 (next resistance/extension).
- Trail stops on runners for more if momentum builds.
- Risk: 1-2% per trade, use leverage cautiously (5-10x max in this vol).
- *invalidation: Clean break and close below 0.6000 resumes downtrend.
This is a high-probability long setup after the shakeout. NFA, DYOR — crypto perps are wild! 🚀
#LIGHTUSDT #cryptotrading #LiquiditySweep