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The LIGHT market trend is worth following. From a technical perspective, the higher trade volumes at the 15-minute level are gradually expanding moderately, and the 4-hour chart is forming a good bottoming rebound pattern in the $0.81 area. The daily chart shows a clear large-scale reversal characteristic, suggesting that institutions feel like they are positioning above $3.
If you still hold short positions, it may not be a comfortable position right now. If this trend continues, the upward potential may exceed many people's psychological expectations. The intensity of the reversal in the short term could be quite strong, and if you wait until the pattern fully unfolds before considering exiting, the risk cost will be quite high.
Overall, from the perspective of multi-period resonance, this cryptocurrency does have the potential for revaluation in the near term, but the specific direction still depends on the volume performance in the next few trading days.