#数字资产市场洞察 LIGHT/USDT Trend Analysis: Several Technical Details Worth Considering

After reviewing the LIGHT/USDT daily chart, there are indeed some points worth discussing. Here are three straightforward observations.

First, the moving average configuration is very clear, with a complete bullish structure.
The short-term MA7 is currently at 1.5856, and the mid-term MA30 is at 1.3911. The arrangement of these two lines is very standard—short-term above, long-term below—forming a bullish alignment. Most importantly, the MA7 has just crossed above the MA30, which is a classic golden cross signal. The current price is around 1.645, firmly above these two moving averages, indicating that the overall upward structure is still intact, and the moving averages are providing good support.

Second, key levels are being broken one after another, indicating continued upward momentum.
From the chart, the price has successively broken through the psychological levels of 1.00 and 1.20, with little hesitation afterward, and recently launched an attack on the high of 1.6937. This rapid breakout pace shows strong bullish conviction, with resistance levels being gradually overcome under buying pressure. Although there has been some pullback from the high, the price remains in a relatively high zone, more like a technical consolidation rather than a trend reversal signal.

Third, the high-level support situation is stable, which is noteworthy.
After reaching 1.6937, during the pullback, there was no sign of panic selling; instead, the price stabilized and fluctuated within a narrow range of 1.64-1.65. This indicates that even at relatively high levels, there are still many buy orders absorbing selling pressure effectively. This kind of high-level consolidation, formed over time, is usually preparing for the next upward push.

From a pure chart perspective, LIGHT currently exhibits typical strong bullish characteristics: a clear trend, effective breakouts, and healthy retracements. The future movement will depend on whether this consolidation range can be effectively broken.