$LIGHT /USDT
$LIGHT is trading around 1.1648, up +157% in the last 24 hours, reflecting extreme momentum after a powerful vertical breakout. Price exploded from the 0.31 base, printed a peak near 1.40, and is now consolidating above key reclaimed levels, which is constructive rather than bearish.
On the 1H timeframe, the structure remains bullish despite volatility:
Strong impulsive move followed by a tight consolidation
Higher lows holding above the 1.05–1.10 zone
Sellers unable to force a deep pullback
Price acceptance above the breakout base
This looks like post-breakout consolidation, no