$LSK Technical Breakdown is consolidating inside a descending channel after a major price spike. The price is currently reacting near the mid-range of the channel around 0.8300, following a pullback from local resistance.
Key Support Zone: 0.7000 - 0.7300
Key Resistance Zone: 1.0000 - 1.0500
Trading Scenario:
Downtrend Channel: Price remains contained within lower high structures. Wait for a clear break above the upper channel boundary to confirm renewed bullish momentum.
Support Hold: If the price slides back down to the 0.7000 green zone, look for buyer absorption before considering an entry.
🔥 🟢 $VTHO
🔻 🔴 $STORJ
Key Support Zone: 0.7000 - 0.7300
Key Resistance Zone: 1.0000 - 1.0500
Trading Scenario:
Downtrend Channel: Price remains contained within lower high structures. Wait for a clear break above the upper channel boundary to confirm renewed bullish momentum.
Support Hold: If the price slides back down to the 0.7000 green zone, look for buyer absorption before considering an entry.
🔥 🟢 $VTHO
🔻 🔴 $STORJ
