$LSK Alert🚨
Wait for Confirmation: Avoid entering prematurely before the start of the Asian trading session; look for a clear bullish candlestick reaction or Market Structure Break (MSB) on lower timeframes (e.g., 5m/15m) inside the current Order Block area. Risk Management: Keep stop-losses strictly below the immediate swing low (below 0.1929) to mitigate risk in case market sentiment remains bearish.
Overall Structure: The asset experienced a strong bullish impulsive wave in early October (peaking near 0.3500) followed by a extended markdown/correction phase back toward primary support levels.
Bullish Scenario (Asian Session Pump Concept)Trendline Breakout Potential: Price is currently hugging and trying to break above a descending trendline that has guided the corrective phase since late September. Trigger: Text on the chart suggests waiting for the Asian Session to inject fresh buying volume.
Target Levels:First Target (Imbalance fill): ~0.2075 Second Target (Supply Zone): ~0.2087 - 0.2184 Extended Target (Previous Highs): ~0.2462
Wait for Confirmation: Avoid entering prematurely before the start of the Asian trading session; look for a clear bullish candlestick reaction or Market Structure Break (MSB) on lower timeframes (e.g., 5m/15m) inside the current Order Block area. Risk Management: Keep stop-losses strictly below the immediate swing low (below 0.1929) to mitigate risk in case market sentiment remains bearish.
Overall Structure: The asset experienced a strong bullish impulsive wave in early October (peaking near 0.3500) followed by a extended markdown/correction phase back toward primary support levels.
Bullish Scenario (Asian Session Pump Concept)Trendline Breakout Potential: Price is currently hugging and trying to break above a descending trendline that has guided the corrective phase since late September. Trigger: Text on the chart suggests waiting for the Asian Session to inject fresh buying volume.
Target Levels:First Target (Imbalance fill): ~0.2075 Second Target (Supply Zone): ~0.2087 - 0.2184 Extended Target (Previous Highs): ~0.2462