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$LIGHT LIGHT Quick Market Update
LIGHT just made a strong move today, pushing up from the dip near 0.88 and hitting around 1.35 before pulling back a little. Even with the retrace, the trend is still positive — short MAs are moving upward, and the candles are holding above key support levels.
Momentum indicators look balanced right now. RSI is not overheated, which means the chart still has room if buyers step in again. If price stays above 1.10–1.12, it can build strength for another push. A clean break above 1.35 could open the next move. If not, the support zone around 1.00 is where I’d watch the reactions.
Short-term: healthy pullback after a big pump.
Mid-term: still bullish as long as support holds.
Long-term: needs strong volume to break higher levels.
Just sharing my personal view, not financial advice.