$LSK — Short Setup Worth Watching 📉
$LSK rallied sharply from $0.0836 to an intraday high of $0.1080, but the momentum faded quickly as sellers erased most of the gains. The price is now trading around $0.0950, close to where the session began, suggesting the breakout failed to attract sustained buying.
Rather than chasing the recent decline, I'm watching for a relief bounce into resistance before considering a short.
Trade Plan 📍 Entry: $0.0965–$0.0980
🛑 Stop Loss: $0.1015
🎯 TP1: $0.0930
🎯 TP2: $0.0900
🏁 Final TP: $0.0870
This setup stays valid only while price remains below the stop-loss level. If buyers reclaim $0.1015, the bearish idea is invalidated.
LSK has been highly volatile today, so careful risk management is essential.
Not financial advice. Always DYOR.
$LSK rallied sharply from $0.0836 to an intraday high of $0.1080, but the momentum faded quickly as sellers erased most of the gains. The price is now trading around $0.0950, close to where the session began, suggesting the breakout failed to attract sustained buying.
Rather than chasing the recent decline, I'm watching for a relief bounce into resistance before considering a short.
Trade Plan 📍 Entry: $0.0965–$0.0980
🛑 Stop Loss: $0.1015
🎯 TP1: $0.0930
🎯 TP2: $0.0900
🏁 Final TP: $0.0870
This setup stays valid only while price remains below the stop-loss level. If buyers reclaim $0.1015, the bearish idea is invalidated.
LSK has been highly volatile today, so careful risk management is essential.
Not financial advice. Always DYOR.