$LSK is showing a short continuation setup after a parabolic pump to $2.0000 was met with aggressive rejection and heavy profit-taking.
Sellers took strong control following the blow-off top, driving price below the $1.08 support-turned resistance zone. Buyers are attempting a weak stabilization near $1.00, leaving price vulnerable to another leg down upon retesting higher supply.
EP: $1.05–$1.12
TP1: $0.85
TP2: $0.65
TP3: $0.45
SL: $1.22
The spike to $2.0000 swept buy-side liquidity before price experienced an aggressive rejection down to the $0.8425 wick low. Untapped sell-side liquidity rests below $0.85 down toward the $0.45 level where the initial breakout originated. A sustained move and close above $1.22 invalidates this short setup and signals potential price stabilization.
$LAB
$SOPH.US
Sellers took strong control following the blow-off top, driving price below the $1.08 support-turned resistance zone. Buyers are attempting a weak stabilization near $1.00, leaving price vulnerable to another leg down upon retesting higher supply.
EP: $1.05–$1.12
TP1: $0.85
TP2: $0.65
TP3: $0.45
SL: $1.22
The spike to $2.0000 swept buy-side liquidity before price experienced an aggressive rejection down to the $0.8425 wick low. Untapped sell-side liquidity rests below $0.85 down toward the $0.45 level where the initial breakout originated. A sustained move and close above $1.22 invalidates this short setup and signals potential price stabilization.
$LAB
$SOPH.US
