LSK LOST HALF ITS PUMP—BUT THE NEXT BREAK STILL NEEDS CONFIRMATION.
$LSK exploded from $0.3240 to $0.8666, then collapsed into $0.43772 before the latest confirmed H1 candle closed at $0.48240. Volume has contracted to 0.71× its 20-candle average as price compresses.
Wyckoff: $0.8666 may be a provisional Buying Climax and the $0.43772 sell-off an Automatic Reaction. But there is no confirmed distribution yet—no reliable ST or UTAD has formed. The current $0.4377–$0.5355 range is still developing.
SMC: bearish displacement broke $0.6547 and $0.5685, confirming CHoCH from the vertical markup. $0.8666 remains the Strong High; $0.43772 is the Weak Low. Price is trapped between $0.5355–$0.5685 supply and $0.4377–$0.4631 demand.
🟢 Bullish setup: H1 close above $0.5355, then a successful retest. Entry $0.505–$0.530; SL $0.463; TP1 $0.5685 (0.9R); TP2 $0.6483 (2.4R). Bullish thesis invalid below $0.463.
🔴 Bearish setup: H1 close below $0.4377, then a failed reclaim. Entry $0.438–$0.470; SL $0.505; TP1 $0.3906 (1.2R); TP2 $0.3520 (2.0R). Bearish thesis invalid above $0.505.
Status: WATCH — NO ENTRY YET.
The trap is buying the first green candle after a 50% crash—or shorting directly into demand before breakdown.
Does LSK reclaim $0.5355, or will $0.4377 become the next liquidity door? 👀
Paper analysis only. Not financial advice.
$LSK #LSK #Wyckoff #SMC
$LSK exploded from $0.3240 to $0.8666, then collapsed into $0.43772 before the latest confirmed H1 candle closed at $0.48240. Volume has contracted to 0.71× its 20-candle average as price compresses.
Wyckoff: $0.8666 may be a provisional Buying Climax and the $0.43772 sell-off an Automatic Reaction. But there is no confirmed distribution yet—no reliable ST or UTAD has formed. The current $0.4377–$0.5355 range is still developing.
SMC: bearish displacement broke $0.6547 and $0.5685, confirming CHoCH from the vertical markup. $0.8666 remains the Strong High; $0.43772 is the Weak Low. Price is trapped between $0.5355–$0.5685 supply and $0.4377–$0.4631 demand.
🟢 Bullish setup: H1 close above $0.5355, then a successful retest. Entry $0.505–$0.530; SL $0.463; TP1 $0.5685 (0.9R); TP2 $0.6483 (2.4R). Bullish thesis invalid below $0.463.
🔴 Bearish setup: H1 close below $0.4377, then a failed reclaim. Entry $0.438–$0.470; SL $0.505; TP1 $0.3906 (1.2R); TP2 $0.3520 (2.0R). Bearish thesis invalid above $0.505.
Status: WATCH — NO ENTRY YET.
The trap is buying the first green candle after a 50% crash—or shorting directly into demand before breakdown.
Does LSK reclaim $0.5355, or will $0.4377 become the next liquidity door? 👀
Paper analysis only. Not financial advice.
$LSK #LSK #Wyckoff #SMC
