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Your fa
$LIGHT's recent trend seems to be brewing for a big move. From the 15-minute and 30-minute charts, the price is repeatedly tearing through those key levels, which actually indicates accumulation of positions — both bulls and bears are testing each other's bottom lines. The high-leverage short-term traders on the 5-minute chart are being rubbed back and forth, suggesting that the main force is collecting retail stop-loss orders.
Pay close attention to the 1-hour and 30-minute charts; currently, there are clear signs of increased buying pressure. Based on the shape of this bullish pin, I estimate the market may surge to around 1.5, at least sweeping out short positions within the 5x leverage range. Then, a rapid pullback is likely, possibly triggering the stops of bullish traders, followed by stabilization around the 1 level and sideways consolidation.
The real focus comes next — after further accumulation, a second wave could unfold, targeting the 2.3 region. By then, it might be a quick, seconds-level sweep.
From a timing perspective, this pin action should fluctuate after 8 o'clock. Of course, the above is just my personal analysis and does not constitute any trading advice.