$LSK
LSK spiked to 0.3188 and fully reversed on heavy volume, a classic blow-off pattern. I'm looking to sell a retest of the broken zone rather than shorting the low.
Entry: 0.255 – 0.265 (on retest)
Stop-loss: 0.275
TP1: 0.240
TP2: 0.225
TP3: 0.205
Reason: Sharp rejection from 0.3188, heavy volume on the sell-off, and lower highs forming. A 1H close above 0.275 invalidates the setup.
📰 News: Lisk's earlier rally was driven by news that Lisk Chain would shut down on October 31, 2026. That date has now passed and the move has faded. Expect volatility around migration updates.
⚠️ Very volatile. Small size, low leverage.
Personal view, not financial advice. DYOR.
#LSK #BinanceSquare #Binance #crypto #futures
LSK spiked to 0.3188 and fully reversed on heavy volume, a classic blow-off pattern. I'm looking to sell a retest of the broken zone rather than shorting the low.
Entry: 0.255 – 0.265 (on retest)
Stop-loss: 0.275
TP1: 0.240
TP2: 0.225
TP3: 0.205
Reason: Sharp rejection from 0.3188, heavy volume on the sell-off, and lower highs forming. A 1H close above 0.275 invalidates the setup.
📰 News: Lisk's earlier rally was driven by news that Lisk Chain would shut down on October 31, 2026. That date has now passed and the move has faded. Expect volatility around migration updates.
⚠️ Very volatile. Small size, low leverage.
Personal view, not financial advice. DYOR.
#LSK #BinanceSquare #Binance #crypto #futures
