Bitlight Labs Price(LIGHT)

【Market Structure】 LIGHT_USDT is currently trading at $0.299 on the 4-hour chart, sitting 17 basis points above the pivotal pivot point of $0.2982. The price is oscillating within the core range bounded by the S1 support level at $0.2904 and the R1 resistance level at $0.3042, with a gap of 45 basis points separating it from the upper R1 resistance. The moving average convergence/divergence (MACD) indicator shows a bearish crossover, with the fast and slow lines crossing downward but still fluctuating near the zero line. The Relative Strength Index (RSI) remains in the neutral zone, indicating no clear directional bias in momentum. 【Momentum Status】 The Exponential Moving Average (EMA) cluster reveals seven lines in an overall bullish configuration, with the short-term moving average system maintaining an upward slope. While the MACD has formed a bearish crossover, the fast and slow lines are still oscillating close to the zero line. The RSI is positioned in the neutral zone, suggesting that momentum is neither strongly bullish nor bearish. 【Key Price Levels】 On the upside, focus on the R1 resistance level at $0.3042, which acts as near-term pressure just 45 basis points away from the current price. The R2 level at $0.312 serves as a secondary resistance reference, located 130 basis points above the current price. On the downside, the S1 support level at $0.2904 is 95 basis points below the current price, while the S2 support level at $0.2844 provides a longer-term defensive floor.

This content is generated by AI based on historical and current market data. It is for informational purposes only and does not constitute any investment advice.