The SKHYNIX strategy I shared earlier already took profit in the last round. We haven’t seen any fresh capital come in, but the hard evidence is here first—$LSK has been trading beneath two moving averages on the 4-hour chart. The kind of setup we worry about most is a weak rebound that keeps trying to hold on; the longer it struggles, the more likely it is to slide lower. RSI is hovering around 45, still some way from the neutral line, which shows sellers haven’t let up yet. I’d look to open a short here, counting on volume to dry up as price rebounds toward the moving averages, with the resistance level repeatedly proving effective.
Support below doesn’t look particularly solid; a breakdown would open up more room to fall. If you trade this kind of setup, keep your position small—don’t go in too heavy. A rebound is possible, but it’s safer to follow the trend until the direction changes.
🔴 Trade direction: Short
📍 Entry range: 0.178369 – 0.179165
🛑 Stop loss: 0.187049
🎯 Take profit 1: 0.172556
🎯 Take profit 2: 0.168415
🎯 Take profit 3: 0.162203
No need to chase the next big thing; it will come to you in time.
Stand alongside Sister Li, and let every moment leave an echo.
#LSK
Click below to trade 👇
Support below doesn’t look particularly solid; a breakdown would open up more room to fall. If you trade this kind of setup, keep your position small—don’t go in too heavy. A rebound is possible, but it’s safer to follow the trend until the direction changes.
🔴 Trade direction: Short
📍 Entry range: 0.178369 – 0.179165
🛑 Stop loss: 0.187049
🎯 Take profit 1: 0.172556
🎯 Take profit 2: 0.168415
🎯 Take profit 3: 0.162203
No need to chase the next big thing; it will come to you in time.
Stand alongside Sister Li, and let every moment leave an echo.
#LSK
Click below to trade 👇