🔥 $LSK coin shows a very strong move in the market
The coin witnessed an exceptional price move over the last few hours, with a very strong rise in price and trading volume. Current market data shows significant activity on LSK, with a sharp increase in trading. �
BeInCrypto +1
📊 What caught attention?
📈 A strong price increase in a short period
💥 A clear surge in trading volume
⚡ Strong movement on the smaller timeframes
📊 Big rise in Futures activity and Liquidations
🔥 The price moved very fast after a period when LSK was at low levels
⚠️ But here’s the important point:
After a move of this size, the market could run a Pullback / a strong correction before deciding on the next direction.
And the striking part is that a large portion of the recent move is linked to the liquidation of Short positions; CoinGlass data indicated around $41.13 million in LSK liquidations over 24 hours, of which $33.68 million were Short positions. �
BeInCrypto
👀 So, the follow-up should be on:
🔹 Trading volume
🔹 Open Interest
🔹 Support and resistance zones
🔹 Does the volume stay elevated after the rally?
🔹 Does the price hold above the previous highs or break them?
🔥 The question now:
Do we see Continuation of the move? 🚀
Or a strong Pullback after the Short Squeeze? 📉
⚠️ This content is for educational and informational purposes only and is not financial advice.
#LSK #Lisk #LSKUSD SDT #Crypto #Trading #CryptoMarket #Binance #Bybit
The coin witnessed an exceptional price move over the last few hours, with a very strong rise in price and trading volume. Current market data shows significant activity on LSK, with a sharp increase in trading. �
BeInCrypto +1
📊 What caught attention?
📈 A strong price increase in a short period
💥 A clear surge in trading volume
⚡ Strong movement on the smaller timeframes
📊 Big rise in Futures activity and Liquidations
🔥 The price moved very fast after a period when LSK was at low levels
⚠️ But here’s the important point:
After a move of this size, the market could run a Pullback / a strong correction before deciding on the next direction.
And the striking part is that a large portion of the recent move is linked to the liquidation of Short positions; CoinGlass data indicated around $41.13 million in LSK liquidations over 24 hours, of which $33.68 million were Short positions. �
BeInCrypto
👀 So, the follow-up should be on:
🔹 Trading volume
🔹 Open Interest
🔹 Support and resistance zones
🔹 Does the volume stay elevated after the rally?
🔹 Does the price hold above the previous highs or break them?
🔥 The question now:
Do we see Continuation of the move? 🚀
Or a strong Pullback after the Short Squeeze? 📉
⚠️ This content is for educational and informational purposes only and is not financial advice.
#LSK #Lisk #LSKUSD SDT #Crypto #Trading #CryptoMarket #Binance #Bybit