🔴 $LSK
/USDT · Bias: Short
LSK is below the stacked EMAs on the 4-hour chart, so the swing bias is bearish.
Entry: 0.185508 – 0.186232
Target 1: 0.178043 (-4.2%)
Target 2: 0.172825 (-7.0%)
Target 3: 0.164998 (-11.2%)
Stop loss: 0.196306 (+5.6%)
Note: Confidence is only moderate, so keep your position size small.
Reason: The 4-hour trend shows price below EMA50 and EMA200 in a bearish alignment, which means the swing bias is bearish.
Plan: Close 50% at target 1, 25% at target 2, and 25% at target 3, and move the stop loss to the entry price after target 1.
Do you think the price will retest the entry level?