The big move has happened. Now the market needs to catch its breath…

Setting up a short sell (SHORT) on $LIGHT

The price has surged strongly and reached the peak area.

After such a rapid movement, sellers usually wake up and the price begins to correct.

Currently, the price seems heavy near the resistance area.

Buying from here is a high risk, and selling (Short) seems the safest option to capture the correction movement.

Entry: the current area

Targets:

First target: 2.28

Second target: 2.10

Extended target: 1.90 in case selling pressure increases

Cancel the idea:

A clear breakout and staying above 2.60 completely cancels this scenario.