$LSK Showing Weakness After Resistance Rejection – Downside Likely 📉
Trade Setup: SHORT
Entry Zone: 0.1120 – 0.1160
TP1: 0.1050
TP2: 0.0980
TP3: 0.0900
SL: 0.1215
Price is showing strong rejection after failing to sustain the 0.1200–0.1250 resistance zone, with momentum cooling rapidly after the sharp upside move.
As buyers lose control, a retracement toward the lower liquidity zones becomes increasingly likely. The 0.1100 level is the immediate pivot; a clean breakdown could accelerate the move toward 0.1050 and below.
Invalidation comes above 0.1215, where renewed buying pressure would weaken the bearish setup.
Trade Here On $LSK 👇
Trade Setup: SHORT
Entry Zone: 0.1120 – 0.1160
TP1: 0.1050
TP2: 0.0980
TP3: 0.0900
SL: 0.1215
Price is showing strong rejection after failing to sustain the 0.1200–0.1250 resistance zone, with momentum cooling rapidly after the sharp upside move.
As buyers lose control, a retracement toward the lower liquidity zones becomes increasingly likely. The 0.1100 level is the immediate pivot; a clean breakdown could accelerate the move toward 0.1050 and below.
Invalidation comes above 0.1215, where renewed buying pressure would weaken the bearish setup.
Trade Here On $LSK 👇
