🔴 SHORT $LSK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.178883 – 0.179877
TP1: 0.170149 (-5.1%)
TP2: 0.163995 (-8.6%)
TP3: 0.154763 (-13.7%)
SL: 0.191688 (+6.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
LSK sits below both EMAs on the 4h stack
Why SHORT? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 41.5)
Risk: Buyers are driving the move (15m ADX 23.8)
The 4h price sits below EMA50 and EMA200 in a bearish stack, with 4h RSI at 41.5 showing bearish momentum below 45.
Where do you see LSK finding support?