$LSK /USDT – Extreme Selling Pressure Could Push Price Toward Lower Support
#LSK👍 🤯 is showing aggressive bearish momentum after a sharp futures sell-off, with sellers firmly controlling the short-term structure. After such an extended decline, chasing the dump is risky; if price fails to reclaim nearby resistance, another leg toward lower support could develop, while a clear stabilization and bullish confirmation would be needed before expecting a meaningful recovery.
Trade Setup
Entry Range: $0.00320 – $0.00330
Target 1: $0.00305
Target 2: $0.00290
Target 3: $0.00275
Stop Loss (SL): $0.00350
Short Outlook of Market:
LSK remains under heavy selling pressure, with bearish momentum dominating the current structure. If price stays below the resistance zone, continuation toward lower support levels remains likely.
#LSK👍 🤯 is showing aggressive bearish momentum after a sharp futures sell-off, with sellers firmly controlling the short-term structure. After such an extended decline, chasing the dump is risky; if price fails to reclaim nearby resistance, another leg toward lower support could develop, while a clear stabilization and bullish confirmation would be needed before expecting a meaningful recovery.
Trade Setup
Entry Range: $0.00320 – $0.00330
Target 1: $0.00305
Target 2: $0.00290
Target 3: $0.00275
Stop Loss (SL): $0.00350
Short Outlook of Market:
LSK remains under heavy selling pressure, with bearish momentum dominating the current structure. If price stays below the resistance zone, continuation toward lower support levels remains likely.
