The BTR strategy I shared earlier has now successfully taken profit in this round. Opportunities that look like easy money often hide traps, and I’m actually more cautious about this rebound in $LSK . On the four-hour chart, the moving averages are still in a bearish alignment, with price below the medium-term moving average. Rebound volume has weakened each time, showing that buyers simply aren’t stepping in.
The dense trading zone above is a natural resistance area, and price will most likely be pushed back down if it reaches it. I focus on structure, not sentiment. Until the trend reverses, every rebound is just giving shorts a better entry. Keep your position small—don’t go heavy.
🔴 Trade direction: Short
📍 Entry range: 0.184538 – 0.185628
🛑 Stop loss: 0.197968
🎯 Take profit 1: 0.175420
🎯 Take profit 2: 0.168977
🎯 Take profit 3: 0.159314
Behold the vastness of mountains and seas; observe the market’s finest details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#LSK
Click below to trade 👇
The dense trading zone above is a natural resistance area, and price will most likely be pushed back down if it reaches it. I focus on structure, not sentiment. Until the trend reverses, every rebound is just giving shorts a better entry. Keep your position small—don’t go heavy.
🔴 Trade direction: Short
📍 Entry range: 0.184538 – 0.185628
🛑 Stop loss: 0.197968
🎯 Take profit 1: 0.175420
🎯 Take profit 2: 0.168977
🎯 Take profit 3: 0.159314
Behold the vastness of mountains and seas; observe the market’s finest details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#LSK
Click below to trade 👇