๐ $LSK Technical Analysis & Setup
$LSK is showing strong continuation momentum with a 4.1x volume spike locking in a 14.1% gain, backed by fully aligned multi-timeframe bullish structure across 1h, daily, and weekly charts.
โข Key Support / Demand: Pullback pocket at 0.1875, 0.1831 (FVG), with deeper valid support at 0.1791
โข Resistance / Supply Targets: 0.2127, 0.2211, 0.2243, and 0.2411
โข Trigger / Confirmation: Wait for a sweep of the demand pocket plus a 15m/5m bullish engulfing, Market Structure Shift (MSS), or a pin bar reclaiming 0.1875 on rising volume. Do not chase the current print.
โข Risk / Invalidation: Strict stop below 0.1743 structure flip / last higher low; a close under this level invalidates the bullish thesis.
โข Market Execution: Open Interest at $8.5M (+12.9% 24h) with deeply negative funding (-0.8756%) indicates heavy short positioning ready for a squeeze. Always manage your risk.
DYOR โ Educational setup, not financial advice.
#BinanceSquare #Crypto #LSK #Trading
$LSK is showing strong continuation momentum with a 4.1x volume spike locking in a 14.1% gain, backed by fully aligned multi-timeframe bullish structure across 1h, daily, and weekly charts.
โข Key Support / Demand: Pullback pocket at 0.1875, 0.1831 (FVG), with deeper valid support at 0.1791
โข Resistance / Supply Targets: 0.2127, 0.2211, 0.2243, and 0.2411
โข Trigger / Confirmation: Wait for a sweep of the demand pocket plus a 15m/5m bullish engulfing, Market Structure Shift (MSS), or a pin bar reclaiming 0.1875 on rising volume. Do not chase the current print.
โข Risk / Invalidation: Strict stop below 0.1743 structure flip / last higher low; a close under this level invalidates the bullish thesis.
โข Market Execution: Open Interest at $8.5M (+12.9% 24h) with deeply negative funding (-0.8756%) indicates heavy short positioning ready for a squeeze. Always manage your risk.
DYOR โ Educational setup, not financial advice.
#BinanceSquare #Crypto #LSK #Trading
