🚨 $LIGHT — CORRECTION AFTER EUPHORIA. THE MARKET IS COOLING DOWN
After reaching the long-term target ~$2.50, the price $LIGHT sharply turned down.
This is an expected scenario: the asset showed too fast and aggressive growth in a short time, and such movements almost always end with corrections and retests.
📉 What is happening now:
• The correction phase has begun
• The market is taking off the overbought condition and locking in profits
• Likely sideways movement or testing lower levels before any new uptrend
❌ This is NOT a buying zone
It is important now not to look for the "bottom," but to let the price structure itself.
I warned about increased risk near the top — the current movement only confirms this.
🧠 My position:
• ❌ No chasing the price
• ❌ No new trades until the correction is complete
• ✅ Waiting for a clear base + signs of strength
• 🧠 Patience now = preserved capital later
📌 After significant pumps, corrections are the norm, not a problem.
The market rewards discipline, not haste.
#LIGHT #CryptoAnalysis #Correction #altcoins #trading