🚨 $LSK just woke up after sitting dead for days.
Now the real question is whether $0.70 breaks or rejects hard or can we see that 1$ above price zone once again?
Long Trade Plan
Entry: $0.64 – $0.68
TP1: $0.707
TP2: $0.78
TP3: $0.90
SL: $0.59
Technical View:
LSK has completely changed its structure on the 1H chart. Price pushed out of the long consolidation zone and is now trading well above the 7, 25 and 99 EMA, with all three averages starting to separate bullishly.
The important level now is $0.70–$0.707. That is sitting around the current 24H high, so a clean 1H close above it could open the way toward the next upside levels.
But after a move of more than 70%, chasing the green candles is risky. I would rather see LSK hold the breakout area or retest it before expecting another aggressive leg higher.
If $0.70 gets rejected and price falls back below the breakout zone, this bullish setup starts losing strength.
Click here 👉 $LSK 👈 to trade.
#Lskusdtanalysis #lsk #LSKUSDT #TechnicalAnalysis
Now the real question is whether $0.70 breaks or rejects hard or can we see that 1$ above price zone once again?
Long Trade Plan
Entry: $0.64 – $0.68
TP1: $0.707
TP2: $0.78
TP3: $0.90
SL: $0.59
Technical View:
LSK has completely changed its structure on the 1H chart. Price pushed out of the long consolidation zone and is now trading well above the 7, 25 and 99 EMA, with all three averages starting to separate bullishly.
The important level now is $0.70–$0.707. That is sitting around the current 24H high, so a clean 1H close above it could open the way toward the next upside levels.
But after a move of more than 70%, chasing the green candles is risky. I would rather see LSK hold the breakout area or retest it before expecting another aggressive leg higher.
If $0.70 gets rejected and price falls back below the breakout zone, this bullish setup starts losing strength.
Click here 👉 $LSK 👈 to trade.
#Lskusdtanalysis #lsk #LSKUSDT #TechnicalAnalysis
