LIGHT's recent movement is like climbing out of an abyss step by step. It previously dropped from $0.6515 to a low of $0.5921, and then buying pressure gradually entered the market. After some fluctuation at the low levels, the price finally stabilized at $0.6267, with a daily increase of 0.90% (today it looks like 1.56%). The 24-hour trading volume broke the 17 million USDT mark, with a trading volume of 28.3356 million.

The interesting part is the trading volume—during the decline, the volume shrank, but during the rebound, the volume slightly expanded. This indicates that the selling pressure from the bears is easing, and the bulls are starting to test the waters at low levels.

From a trading perspective, if you want to participate in this rebound, I suggest waiting in the $0.6100-$0.6200 range, trying small positions to test the waters. However, the most important thing is to wait until the price stabilizes above the recent key resistance level before officially entering a position, to avoid being shaken out. For long positions, the first target is $0.6300, the second target is $0.6400, and if the rebound is particularly strong, there's also $0.6500 above. Stop-loss should be set at $0.6000; if this level is broken, the short-term rebound momentum is likely to fade.

Honestly, this rebound from the low point is just a brief display of the bears' energy being exhausted. Looking at the data—down 5.82% over 7 days and down 30.33% over 30 days—it's clear that medium-term pressure remains quite significant. Although there has been a short-term bounce from the bottom, the overall weak pattern hasn't truly reversed. As long as it doesn't break through $0.6500, I consider it a sideways market. For traders going long, at this stage, it's best to take small positions and aim for a quick short-term rebound. Never go all-in with heavy positions. For those shorting, don't rush to chase the short; waiting for the price to rebound to resistance levels before entering is a safer approach.