$LSK $0.60678 is the price I keep coming back to, not the high.
Everyone watching after +78.04% (24h) is deciding whether to chase it or fade it. I'd rather know what happens the first time price comes back down. Buyers have to actually absorb that retest and close back above $0.60678 before this run means more than one fast day.
If it holds, I expect price to work back toward $0.70574, and acceptance there is what decides continuation. That's a condition, not a call.
What keeps me cautious is the speed itself. A day this big often retraces deep before any real structure forms, which is exactly why the first retest matters more than the high.
And if $0.48811 fails, none of this applies. That's where I drop the continuation idea completely.
#Crypto #Breakout
Everyone watching after +78.04% (24h) is deciding whether to chase it or fade it. I'd rather know what happens the first time price comes back down. Buyers have to actually absorb that retest and close back above $0.60678 before this run means more than one fast day.
If it holds, I expect price to work back toward $0.70574, and acceptance there is what decides continuation. That's a condition, not a call.
What keeps me cautious is the speed itself. A day this big often retraces deep before any real structure forms, which is exactly why the first retest matters more than the high.
And if $0.48811 fails, none of this applies. That's where I drop the continuation idea completely.
#Crypto #Breakout
