$LIGHT
The price is still above the averages MA7, MA25, and MA99 → the overall trend is upward.
The red candle appears to be a healthy correction after a strong surge, not a reversal.
Strong support is currently at: 0.861 – 0.870 and has been respected.
Trading volumes did not show a clear negative distribution.
Price structure: Higher Highs & Higher Lows.
🎯 The closest scenario:
As long as the price is above 0.861 → the greater probability is a continuation of the rise.
Upcoming targets:
0.882
0.903
Breaking and closing above 0.882 strengthens the upward acceleration.
⚠️ Canceling the bullish scenario:
A clear break below 0.861 with a close → a possibility of a deeper correction towards 0.84.
📌 In summary:
The red candle alone does not mean a decline, but rather often a breather before the rise. The currency trend remains positive 💪📈
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