đš $LSK â Is Another Drop Coming?
After a strong move followed by a large bearish candle, itâs important to watch the market structure carefully.
A major sell-off from large holders can create temporary selling pressure and push the price lower before the next bullish move begins. Since the current uptrend is still relatively young, $LSK may need more time to build a stronger base.
đ In my view, a move toward the $0.35 area would not be surprising if selling pressure continues.
But remember: markets rarely move in a straight line. Once buyers return and a strong bullish candle appears, another wave of short liquidations could potentially accelerate the upside.
âł This setup may take several days to develop.
My view: Stay patient, watch volume and market structure, and avoid emotional decisions.
DYOR â Not financial advice.
After a strong move followed by a large bearish candle, itâs important to watch the market structure carefully.
A major sell-off from large holders can create temporary selling pressure and push the price lower before the next bullish move begins. Since the current uptrend is still relatively young, $LSK may need more time to build a stronger base.
đ In my view, a move toward the $0.35 area would not be surprising if selling pressure continues.
But remember: markets rarely move in a straight line. Once buyers return and a strong bullish candle appears, another wave of short liquidations could potentially accelerate the upside.
âł This setup may take several days to develop.
My view: Stay patient, watch volume and market structure, and avoid emotional decisions.
DYOR â Not financial advice.
