#LIGHTUSD SHORT POSITION
ENTRY : 2.49
TARGET 1 : 2.37
TARGET 2 : 2.09
TARGET 3 : 1.50
STOP LOSS : 3.09
The "V-Shape" Recovery: After an 80%+ drop from its ATH, the price has found strong support at $0.35 - $0.45. The recent breakout past $1.15 has shifted short-term momentum to bullish.
Resistance Levels: The next major hurdles are at $1.80 and $2.50. A clean break above $1.80 could confirm a sustained trend reversal.
Cautionary Note: The RSI is currently reaching overbought levels on shorter timeframes. Given the low circulating supply (~10%), "whale" activity can cause sudden 20–30% pullbacks.