$LSK
LSK’s rally has already turned into a sharp breakdown. At $0.3847, price sits roughly 81% below the $2 peak and nearly 48% lower over 24 hours.
The bearish signal comes from repeated lower highs and the collapse beneath $0.42. A huge rally alone does not guarantee further downside. The 4-hour RSI near 46 supports weakening momentum, without confirming a bottom.
$0.351 is the first support to watch. A 4-hour close below this level, followed by a failed recovery, strengthens the case for $0.30.
Below $0.30, the earlier buildup around $0.25–$0.28 becomes a potential support area. $0.20 is a deeper downside scenario if buyers fail there, rather than a confirmed target.
Reclaiming $0.42 would ease immediate pressure. A sustained recovery above $0.53–$0.54 would weaken the bearish setup.
The $0.20s look plausible, but $0.351 and $0.30 need to break first. #FedHikeOddsRiseTo89%
LSK’s rally has already turned into a sharp breakdown. At $0.3847, price sits roughly 81% below the $2 peak and nearly 48% lower over 24 hours.
The bearish signal comes from repeated lower highs and the collapse beneath $0.42. A huge rally alone does not guarantee further downside. The 4-hour RSI near 46 supports weakening momentum, without confirming a bottom.
$0.351 is the first support to watch. A 4-hour close below this level, followed by a failed recovery, strengthens the case for $0.30.
Below $0.30, the earlier buildup around $0.25–$0.28 becomes a potential support area. $0.20 is a deeper downside scenario if buyers fail there, rather than a confirmed target.
Reclaiming $0.42 would ease immediate pressure. A sustained recovery above $0.53–$0.54 would weaken the bearish setup.
The $0.20s look plausible, but $0.351 and $0.30 need to break first. #FedHikeOddsRiseTo89%
