🔻 $LSK – BEARS ARE IN CONTROL! A SHORT OPPORTUNITY WORTH WATCHING 🐻📉
LSK remains in a downtrend, and I’m leaning toward the scenario where selling pressure continues in the near term. If the price rebounds to the expected resistance zone, this could be an opportunity to watch for a SHORT position.
🔴 $LSK/USDT – SHORT SETUP
📍 Entry zone: 0.2035 – 0.2047
🎯 Take-profit targets:
• TP1: 0.1966
• TP2: 0.19162
• TP3: 0.1840
🛑 Stop Loss: 0.21439
📌 Trading plan:
Only consider a SHORT if the price returns to the entry zone.
Close 50% of the position at TP1 to secure profits.
Once TP1 is hit, consider moving the SL to the entry price.
Don’t FOMO or chase the price after LSK has already dropped sharply.
⚠️ Note: A downtrend doesn’t mean the price will keep plunging. Manage your leverage, define your risk before entering a trade, and stick to your trading discipline.
🔥 Are you leaning toward SHORTING LSK or waiting for a reversal signal? Share your thoughts below!