🚨 $LSK is not done yet.
The next breakout could decide the next big move.
LSK has already delivered a massive move, but the chart is showing something interesting after that explosive pump. Instead of immediately collapsing, price has been consolidating and building a base around the $0.80 to $0.95 zone. On the 15M chart, buyers are still stepping in on dips, while the 1H chart shows price trying to regain the $1.00 area.
The important level right now is $1.00 to $1.05. If LSK can break above this zone with strong volume and hold it as support, I would expect the momentum to continue. The next areas I would watch are $1.15, $1.30 and $1.50. A stronger continuation could even bring the previous spike zone back into focus.
The bullish idea becomes much weaker if price loses $0.80 decisively. Until that happens, the current consolidation can still be viewed as a possible continuation structure rather than an immediate reversal.
Trade Setup
Entry: $0.90 to $0.95
TP1: $1.05
TP2: $1.15
TP3: $1.30
SL: $0.79
Bias: Bullish above $0.80
Breakout confirmation: $1.05+
LSK has already shown how quickly it can move. Now the question is whether this consolidation becomes the next launchpad or the beginning of a deeper pullback. I’m watching the $1.00 breakout closely.
The next breakout could decide the next big move.
LSK has already delivered a massive move, but the chart is showing something interesting after that explosive pump. Instead of immediately collapsing, price has been consolidating and building a base around the $0.80 to $0.95 zone. On the 15M chart, buyers are still stepping in on dips, while the 1H chart shows price trying to regain the $1.00 area.
The important level right now is $1.00 to $1.05. If LSK can break above this zone with strong volume and hold it as support, I would expect the momentum to continue. The next areas I would watch are $1.15, $1.30 and $1.50. A stronger continuation could even bring the previous spike zone back into focus.
The bullish idea becomes much weaker if price loses $0.80 decisively. Until that happens, the current consolidation can still be viewed as a possible continuation structure rather than an immediate reversal.
Trade Setup
Entry: $0.90 to $0.95
TP1: $1.05
TP2: $1.15
TP3: $1.30
SL: $0.79
Bias: Bullish above $0.80
Breakout confirmation: $1.05+
LSK has already shown how quickly it can move. Now the question is whether this consolidation becomes the next launchpad or the beginning of a deeper pullback. I’m watching the $1.00 breakout closely.
