LSK/USDT Is Preparing for next leg?
Post
--Bullish
SMART CRYPTO WAVE
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Bullish🚀 LSK/USDT | Potential Next Leg Setup
As mentioned in my previous analysis, LSK/USDT could be preparing for its next potential leg upward. The current structure is developing in a way that gives us a clear area to watch for a possible entry.
📍 Entry Zone: FVG around $0.40550
The idea is that price may revisit this FVG, react from the zone, and then begin the next move upward. I'm looking for confirmation around this area rather than chasing the price after a breakout.
🛑 Stop Loss: Remains below the 4H bullish impulse candle low.
The setup also offers a relatively tight SL, which helps keep the risk defined while allowing room for the potential move to develop.
🎯 TP1: $0.92
🎯 TP2: $1.10
$1.10 remains a key resistance level. A confirmed break and hold above $1.10 could potentially open the way toward higher levels.
This is purely my technical analysis and the structure I'm watching. The key is patience, proper position sizing, and waiting for the FVG reaction/confirmation before entering.
As mentioned in my previous analysis, LSK/USDT could be preparing for its next potential leg upward. The current structure is developing in a way that gives us a clear area to watch for a possible entry.
📍 Entry Zone: FVG around $0.40550
The idea is that price may revisit this FVG, react from the zone, and then begin the next move upward. I'm looking for confirmation around this area rather than chasing the price after a breakout.
🛑 Stop Loss: Remains below the 4H bullish impulse candle low.
The setup also offers a relatively tight SL, which helps keep the risk defined while allowing room for the potential move to develop.
🎯 TP1: $0.92
🎯 TP2: $1.10
$1.10 remains a key resistance level. A confirmed break and hold above $1.10 could potentially open the way toward higher levels.
This is purely my technical analysis and the structure I'm watching. The key is patience, proper position sizing, and waiting for the FVG reaction/confirmation before entering.
