LIGHT (Bitlight Labs) — Trade Plan (Based on 1H chart)
Price around $0.628
🔷 Breakout Targets (Upside Map) $LIGHT
If price breaks & holds above $0.635–0.640 with volume:
🎯 TP1: $0.650
🎯 TP2: $0.662 (previous high / liquidity)
🎯 TP3: $0.680 – $0.690 (range expansion target)
Structure suggests continuation after consolidation → classic bull flag behavior.
⚡ Scalping Entries (Low timeframe execution)
🔹 Scalping LONG – Support Bounce
Entry: $0.622 – $0.625
Stop Loss: $0.615
Targets:
TP1: $0.632
TP2: $0.640
🟢 Use when price shows rejection wicks or bullish candles at support.
🔹 Scalping LONG – Breakout Trade
Entry: $0.642 – $0.645 (confirmed breakout + close)
Stop Loss: $0.632
Targets:
TP1: $0.655
TP2: $0.662
⚠️ Avoid entering before a candle close above resistance.
🔻 Scalping SHORT (Only if rejection)
Entry: $0.660 – $0.665 (wick rejection zone)
Stop Loss: $0.672
Targets:
TP1: $0.645
TP2: $0.632
🟥 Counter-trend → quick scalp only.
🟣 Swing Trade Strategy (1H–4H)
📈 Swing LONG – Trend Continuation
Entry Zone: $0.620 – $0.625
Stop Loss: $0.598 (below MA99 & structure)
Targets:
TP1: $0.662
TP2: $0.690
TP3: $0.720 (if momentum accelerates)
Risk–Reward: ~1:3 to 1:4
🔄 Swing LONG – Break & Retest
Entry: Break above $0.640 → retest hold
Stop Loss: $0.622
Targets:
TP1: $0.662
TP2: $0.690+
🧠 Key Notes
Trend stays bullish above $0.610
Volume expansion = confirmation
Best entries come after liquidity sweeps, not during chop
Use tight risk for scalps, wider structure-based SL for swings
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