$LIGHT This wave finally moved.

I've been watching this coin for a while. Recently, on-chain data showed that whales were quietly building long positions, but the price action remained lukewarm. Every time I considered shorting, there would be a few fake-out moves during the pumps—waiting for enough shorts to pile up, then instantly squeezing them out with a reversal.

Honestly, this tactic is pretty common in the space. The core logic is to create a fake trend, wait until the counterparty is fully committed, then reverse and take them out.

For traders, the key is to distinguish between real and fake moves. When market sentiment is collectively bearish on a coin, but it just won’t break below a key support level—that’s when you need to be cautious. It might not actually be weak; someone could be waiting for you to take the bait.

There have been some opportunities in the altcoin market lately, but don’t get fooled by appearances. Understanding token distribution and capital flows is more important than chasing pumps and dumps.