📉 $LIGHT USDT Prep | TECHNICAL SHORT SETUP CONFIRMED 📉
Trade with clarity, manage with caution 💡📊
🎯 TRADE SETUP
· SHORT ENTRY: $0.5690 – $0.5750
· STOP LOSS: $0.5900
· TAKE PROFIT 1: $0.5314 (24H Low)
· TAKE PROFIT 2: $0.5200
· TAKE PROFIT 3: $0.5100 🚀
📊 $LIGHT USDT Prep - TECHNICAL ANALYSIS
· Trend: Price trading below MA(7), MA(25), and MA(99) — strong downtrend ✅
· Resistance: MA(99) at $0.6109 forming major overhead barrier ✅
· Momentum: -10.28% daily decline with rising selling pressure ✅
· Volume: MA(5) volume higher than current, confirming distribution ✅
· Support Level: Testing 24H low — break accelerates downtrend ✅
⚠️ RISK DISCLAIMER
High volatility. Use strict stop loss.
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