$LSK -THE MOVE PLAYED OUT, BUT WHAT COMES NEXT? ๐
Yesterday, I pointed out an important candlestick structure on LSK and marked the key trendline. The price action followed that setup almost perfectly.
We saw the expected push toward the $1 area, followed by a sharp sell-off that took LSK down toward $0.40 โ roughly an 80% decline.
Now the chart gets more interesting.
With the market cap still around $157M, Iโm watching closely to see whether LSK can build a meaningful recovery or simply continue making lower levels.
Small relief rallies are possible, but the broader structure still looks weak to me.
If youโre trading this setup, manage your risk carefully and always DYOR.
#LSK #lisk #cryptotrading #TradingSetup #TechnicalAnalysis
Yesterday, I pointed out an important candlestick structure on LSK and marked the key trendline. The price action followed that setup almost perfectly.
We saw the expected push toward the $1 area, followed by a sharp sell-off that took LSK down toward $0.40 โ roughly an 80% decline.
Now the chart gets more interesting.
With the market cap still around $157M, Iโm watching closely to see whether LSK can build a meaningful recovery or simply continue making lower levels.
Small relief rallies are possible, but the broader structure still looks weak to me.
If youโre trading this setup, manage your risk carefully and always DYOR.
#LSK #lisk #cryptotrading #TradingSetup #TechnicalAnalysis
