$LSK FRESH SHORT SETUP
LSK is still trading in an extreme volatility zone after the massive pump and sharp rejection. The chart shows price struggling below the $0.50 area, while recent market data also confirms heavy profit-taking after the parabolic move.
SHORT ENTRY: $0.44–$0.48
Add on rejection: $0.50–$0.55
TP1: $0.40
TP2: $0.36
TP3: $0.32
TP4: $0.28
TP5: $0.24
SL: $0.60
Key resistance: $0.50–$0.55
Key support: $0.40
If LSK gets rejected from the resistance zone and loses $0.40, the lower targets could come into play. If it reclaims and holds above $0.55, the short setup weakens.
Don't chase the dump. Wait for the relief bounce and rejection.
BlockMarkX — Let the chart confirm the move.
Always DYOR. Not Financial Advice.
LSK is still trading in an extreme volatility zone after the massive pump and sharp rejection. The chart shows price struggling below the $0.50 area, while recent market data also confirms heavy profit-taking after the parabolic move.
SHORT ENTRY: $0.44–$0.48
Add on rejection: $0.50–$0.55
TP1: $0.40
TP2: $0.36
TP3: $0.32
TP4: $0.28
TP5: $0.24
SL: $0.60
Key resistance: $0.50–$0.55
Key support: $0.40
If LSK gets rejected from the resistance zone and loses $0.40, the lower targets could come into play. If it reclaims and holds above $0.55, the short setup weakens.
Don't chase the dump. Wait for the relief bounce and rejection.
BlockMarkX — Let the chart confirm the move.
Always DYOR. Not Financial Advice.
