$LSK from the top winner to the top loser
Only 3 days ago, $LSK was on the list of top gainers, and now it’s at the top of the list of futures contract losers with a massive drop of -52.56%. This shows just how quickly and aggressively the vertical plunge can reverse its course.
In my opinion, blindly buying during this drop carries risk. I’d rather wait until the selling pressure calms down, then look for suitable support or a reclaim of the level before considering placing a trade.
Sometimes capital protection matters more than chasing the next move.
Only 3 days ago, $LSK was on the list of top gainers, and now it’s at the top of the list of futures contract losers with a massive drop of -52.56%. This shows just how quickly and aggressively the vertical plunge can reverse its course.
In my opinion, blindly buying during this drop carries risk. I’d rather wait until the selling pressure calms down, then look for suitable support or a reclaim of the level before considering placing a trade.
Sometimes capital protection matters more than chasing the next move.
