🔥 I’m Done Guys — My Target For $LSK Is Fixed: $1. But You Need To Know The Actual Reason 👀
From the beginning, I was bullish on LSK.
But guys, I never say buy blindly just because I have a target. Before fixing this $1 target, I went through the short-term data, liquidation maps, CVD, orderbook, spot flow, volume profile and whale activity.
Derivatives: Futures CVD is -28.3M LSK, while Spot CVD is +8.1M. Funding is negative and OI already flushed. Futures look weak, but spot demand is still there.
Liquidation Map: Major downside liquidity sits at $0.370–$0.378, then $0.345–$0.355. Deeper sweep: $0.335–$0.345. Above: $0.400–$0.408, $0.425–$0.435 and $0.443–$0.455.
Spot Flow: 1H -1.10M, 4H -2.23M, but 1D is still +1.33M LSK.
CVD + Orderbook: Spot CVD is positive, but orderbook delta is still negative. I want confirmation, not a blind entry.
VWAP is around $0.384, with major volume near $0.354. That's why I don't want to chase $0.38–$0.39.
Whales: Binance Hot Wallet → Cold Wallet moved ~4.649M LSK (~$1.79M), OKX Hot Wallet → GSR Mark linked wallet moved ~1.6M LSK (~$675K), and ~1.085M LSK (~$470K) moved from grumlin.eth → Binance Deposit. Not every exchange movement means buying or selling.
And the bigger reason I'm watching LSK: 100M LSK burn is complete, cutting supply from 400M→300M. TOKEN2049 runs Oct 7–8, then Lisk Chain shutdown on Oct 31 — three key catalysts/events to watch closely.
MY PLAN 👇
Current Entry: ~$0.38
Recommended entry: $0.345–$0.355
Max sweep zone: $0.335–$0.345
The zone alone isn't enough. After a sweep, I want a 1H candle reclaim, spot flow improving, Spot CVD holding positive, and OI reacting properly.
TP1: $0.42–$0.44
TP2: $0.48–$0.50
TP3: $1.00
For leveraged positions, my structural invalidation is around $0.329. For spot, I'd use a separate invalidation based on my entry.
✅ My take: I’m still bullish on the bigger LSK setup and my $1 target hasn't changed. But being bullish doesn't mean buying every pump. I'd rather wait for a better RR entry. $VVV $ZEC
From the beginning, I was bullish on LSK.
But guys, I never say buy blindly just because I have a target. Before fixing this $1 target, I went through the short-term data, liquidation maps, CVD, orderbook, spot flow, volume profile and whale activity.
Derivatives: Futures CVD is -28.3M LSK, while Spot CVD is +8.1M. Funding is negative and OI already flushed. Futures look weak, but spot demand is still there.
Liquidation Map: Major downside liquidity sits at $0.370–$0.378, then $0.345–$0.355. Deeper sweep: $0.335–$0.345. Above: $0.400–$0.408, $0.425–$0.435 and $0.443–$0.455.
Spot Flow: 1H -1.10M, 4H -2.23M, but 1D is still +1.33M LSK.
CVD + Orderbook: Spot CVD is positive, but orderbook delta is still negative. I want confirmation, not a blind entry.
VWAP is around $0.384, with major volume near $0.354. That's why I don't want to chase $0.38–$0.39.
Whales: Binance Hot Wallet → Cold Wallet moved ~4.649M LSK (~$1.79M), OKX Hot Wallet → GSR Mark linked wallet moved ~1.6M LSK (~$675K), and ~1.085M LSK (~$470K) moved from grumlin.eth → Binance Deposit. Not every exchange movement means buying or selling.
And the bigger reason I'm watching LSK: 100M LSK burn is complete, cutting supply from 400M→300M. TOKEN2049 runs Oct 7–8, then Lisk Chain shutdown on Oct 31 — three key catalysts/events to watch closely.
MY PLAN 👇
Current Entry: ~$0.38
Recommended entry: $0.345–$0.355
Max sweep zone: $0.335–$0.345
The zone alone isn't enough. After a sweep, I want a 1H candle reclaim, spot flow improving, Spot CVD holding positive, and OI reacting properly.
TP1: $0.42–$0.44
TP2: $0.48–$0.50
TP3: $1.00
For leveraged positions, my structural invalidation is around $0.329. For spot, I'd use a separate invalidation based on my entry.
✅ My take: I’m still bullish on the bigger LSK setup and my $1 target hasn't changed. But being bullish doesn't mean buying every pump. I'd rather wait for a better RR entry. $VVV $ZEC
