The most common and most likely answer to this crossword clue is the 5 plus 5 letter word FAIRY LIGHT
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More clues leading to the result FAIRY LIGHT
- Escape, pinching fanciful tree decoration?
- Tree decoration, not very heavy, just one left
- Loud and doubly buoyant, one decorating Christmas tree
- Small shiner resulting from aggressive brawl according to Spooner
- Two things one may see on the Christmas tree decoration
- One in group on tree happy to feed birds in the air
- Little bulb emerges from end of February just before daybreak
- Flasher that should be strung up
- A little glower from cavalier in hasty retreat
Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.