The TUT strategy we shared earlier has already taken profit from the previous round. The illusion of accumulation always needs confirmation before it can be debunked, and $LSK is in exactly that situation now. On both the 4-hour and 1-hour charts, price is below the EMA50, which is below the EMA200. The bearish alignment is stacked layer upon layer, so the trend direction is actually quite clear. The RSI is hovering around 39, showing that sellers are still in control; the rebound we’re seeing is most likely just a recovery move.
The daily chart is still within a consolidation range, so don’t rush. Wait for price to be rejected at the upper boundary before considering an entry. Keep your position size small. As long as the structure remains intact, the odds favor further downside.
🔴 Trade direction: Short
📍 Entry range: 0.236392 – 0.237197
🛑 Stop loss: 0.247400
🎯 Take profit 1: 0.228840
🎯 Take profit 2: 0.223537
🎯 Take profit 3: 0.215583
Still waters run deep; foresight lies beneath the surface. Stay composed amid the market’s ups and downs.
Join Sister Fei and follow the tides of wealth.
#LSK
Click below to trade 👇
The daily chart is still within a consolidation range, so don’t rush. Wait for price to be rejected at the upper boundary before considering an entry. Keep your position size small. As long as the structure remains intact, the odds favor further downside.
🔴 Trade direction: Short
📍 Entry range: 0.236392 – 0.237197
🛑 Stop loss: 0.247400
🎯 Take profit 1: 0.228840
🎯 Take profit 2: 0.223537
🎯 Take profit 3: 0.215583
Still waters run deep; foresight lies beneath the surface. Stay composed amid the market’s ups and downs.
Join Sister Fei and follow the tides of wealth.
#LSK
Click below to trade 👇