๐ฅ $LSK โ NOTHING GOES UP FOREVERโฆ BUT IS THE TOP IN YET? ๐๐
Look at this chart. LSK just exploded to a 24H high of $0.66028 and is still trading around $0.54. ๐
๐ 24H: +242.75%
๐ฐ 24H Volume: $4.72B
๐ฅ 24H High: $0.66028
๐ 24H Low: $0.15621
This is an extreme momentum move. But after a rally this aggressive, a sharp correction would not be surprising.
๐ฏ Key levels Iโm watching:
๐ด $0.59โ$0.66 โ possible rejection zone
โก๏ธ $0.50 โ first pullback area
โก๏ธ $0.42 โ deeper correction
โก๏ธ $0.34 โ major cooling-off zone
โ ๏ธ Important: This does NOT mean the #LSK bullish trend is over.
If buyers break and hold above $0.66 with strong volume, the short side could get squeezed hard. So I would not blindly short just because the price has pumped.
๐ง Momentum is powerful, but chasing a vertical candle is dangerous.
Continuation or correction?
๐ฅ $0.70+ next
OR
๐ back toward $0.50?
Whatโs your call, traders? ๐
#AKE #Binance #trading
$้พ่พ $AKE
Look at this chart. LSK just exploded to a 24H high of $0.66028 and is still trading around $0.54. ๐
๐ 24H: +242.75%
๐ฐ 24H Volume: $4.72B
๐ฅ 24H High: $0.66028
๐ 24H Low: $0.15621
This is an extreme momentum move. But after a rally this aggressive, a sharp correction would not be surprising.
๐ฏ Key levels Iโm watching:
๐ด $0.59โ$0.66 โ possible rejection zone
โก๏ธ $0.50 โ first pullback area
โก๏ธ $0.42 โ deeper correction
โก๏ธ $0.34 โ major cooling-off zone
โ ๏ธ Important: This does NOT mean the #LSK bullish trend is over.
If buyers break and hold above $0.66 with strong volume, the short side could get squeezed hard. So I would not blindly short just because the price has pumped.
๐ง Momentum is powerful, but chasing a vertical candle is dangerous.
Continuation or correction?
๐ฅ $0.70+ next
OR
๐ back toward $0.50?
Whatโs your call, traders? ๐
#AKE #Binance #trading
$้พ่พ $AKE
