Short $LSK into 0.152153 — the chart is offering a 7.2% slide.
Price is trapped under both EMAs on the 4h: below EMA50, which is below EMA200. The swing trend is down, and this setup plays the continuation, not the bounce.
The plan:
Entry: 0.163586 – 0.164174
TP1: 0.159482 (-2.7%)
TP2: 0.156551 (-4.5%)
TP3: 0.152153 (-7.2%)
Stop: 0.169743 (+3.6%)
Bank half the position at TP1, a quarter at TP2, and let the final quarter run to TP3. Once TP1 hits, move the stop to entry so the trade can't turn into a loser.
Do you agree LSK should fall from the current level?
Personal market analysis only — not financial advice. Manage risk and do your own research.
Price is trapped under both EMAs on the 4h: below EMA50, which is below EMA200. The swing trend is down, and this setup plays the continuation, not the bounce.
The plan:
Entry: 0.163586 – 0.164174
TP1: 0.159482 (-2.7%)
TP2: 0.156551 (-4.5%)
TP3: 0.152153 (-7.2%)
Stop: 0.169743 (+3.6%)
Bank half the position at TP1, a quarter at TP2, and let the final quarter run to TP3. Once TP1 hits, move the stop to entry so the trade can't turn into a loser.
Do you agree LSK should fall from the current level?
Personal market analysis only — not financial advice. Manage risk and do your own research.
