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LIGHT is currently stuck at a critical point, and a thorough analysis is needed.
From the above, the pressure is indeed significant. The dense trading zone formed between $0.89 and $1.16 still remains overhead, trapping many investors. Breaking through requires sufficient buying power.
Looking below, the short-term support is at $0.555, which is essentially the current marked price level. If this level cannot hold, the risk of a downward move increases.
Overall, with resistance above and support below, the price is currently in a consolidation zone. It is recommended to wait and see, and make a decision after the subsequent direction is confirmed.