🔥 Is LSK preparing for a new bullish wave?

📌 Lisk (LSK)
💰 Analysis price: 0.4795 USDT

After the strong drop from 0.8680 to 0.4215, LSK has started showing a clear improvement in the short term as buying momentum returns.

🧩 Has LSK entered an accumulation phase?

The current move may be an accumulation and demand-rebuilding phase after the sharp decline, especially if the price holds the 0.4560–0.4594 zone and trading volume starts rising alongside attempts to break upward.

📊 Key levels:

🔴 Critical resistance: 0.4800
🟠 Next resistance: 0.5000
🎯 Potential upside targets: 0.4950 → 0.5150 → 0.5287

🟢 First support: 0.4594
🟢 Second support: 0.4560
🔵 Strong support: 0.4215

📈 Indicators:
• Price above MA7 and MA25 → positive for the short term.
• MA99 at 0.4800 → a very important test.
• RSI at 72.99 → bullish overbought and potential for a pullback.
• MACD is positive and supports the continuation of momentum.

🚀 Bullish scenario:
An hourly close above 0.4800 with rising trading volume could push LSK toward 0.4950, then 0.5150.

⚠️ Alternative scenario:
Rejecting 0.4800 may lead to a correction toward 0.4650–0.4600; breaking it would open the way toward 0.4400, then 0.4215.

💡 Summary:
LSK is in a very sensitive zone; breaking through resistance with strong volume is an important signal, while a pullback and retest of support may offer a better entry than chasing the candle.

🛡️ Remember: protecting capital matters more than chasing profits.

👇 Do you think LSK is accumulating liquidity before a new uptrend?