$LSK smoothly secured, anyone keeping up with the rhythm? $LSK
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币资讯
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More short-term or still bearish, $LSK
Current price: 0.95U.
In the past 24 hours, the price surged to a high of 2.37U, then dropped sharply afterward, with extremely high volume and a very clear long upper wick.
This run-up was a pulse move driven by the “burn/destroy” narrative. After the peak, a large amount of profit-taking from low-position holders cashed out. The overhead resistance at 2.37U is heavy due to trapped positions.
Unless new capital keeps flowing in, it will be hard to break the previous high again.
In the near term, support is around 0.9U; if that level breaks, it may further probe down to 0.46U.
$LSK
Current price: 0.95U.
In the past 24 hours, the price surged to a high of 2.37U, then dropped sharply afterward, with extremely high volume and a very clear long upper wick.
This run-up was a pulse move driven by the “burn/destroy” narrative. After the peak, a large amount of profit-taking from low-position holders cashed out. The overhead resistance at 2.37U is heavy due to trapped positions.
Unless new capital keeps flowing in, it will be hard to break the previous high again.
In the near term, support is around 0.9U; if that level breaks, it may further probe down to 0.46U.
$LSK
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