LSK oversold bounces still fade.
🔴 SHORT $LSK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.161720 – 0.162120
TP1: 0.157164 (-2.9%)
TP2: 0.153994 (-4.9%)
TP3: 0.149238 (-7.8%)
SL: 0.168261 (+3.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 28.2)
Risk: Far below its average, bounce likely (−3.6 ATR from 1h EMA50)
If it plays out:
The 1h price should continue sliding below its EMA50 and EMA200, which are stacked bearish and show sellers remain in control.
If it fails:
A bounce back through 0.168261 proves the short invalid and I would exit.
Where do you take profit on LSK shorts?
🔴 SHORT $LSK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.161720 – 0.162120
TP1: 0.157164 (-2.9%)
TP2: 0.153994 (-4.9%)
TP3: 0.149238 (-7.8%)
SL: 0.168261 (+3.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 28.2)
Risk: Far below its average, bounce likely (−3.6 ATR from 1h EMA50)
If it plays out:
The 1h price should continue sliding below its EMA50 and EMA200, which are stacked bearish and show sellers remain in control.
If it fails:
A bounce back through 0.168261 proves the short invalid and I would exit.
Where do you take profit on LSK shorts?
