The SOL strategy I shared earlier already took profit in the previous round. Breakout or trap? Let the chart structure do the talking—on this move, $LSK , I’m leaning toward the latter. The four-hour trendline is firmly pressing prices down, and price keeps trading below the moving averages. The bulls have tried to push it up several times, only to be knocked back. We’ve seen this pattern before: bounces often hand the bears a better opportunity to sell. Volume hasn’t supported any meaningful counterattack either, which shows that buyers aren’t stepping in.
Once a key level breaks, a retest confirms it. I think there’s still room to fall. Of course, we need to guard against a bounce, but until the structure turns, I’m siding with the bears.
🔴 Trade direction: Short
📍 Entry range: 0.169143 – 0.169731
🛑 Stop loss: 0.175033
🎯 Take profit 1: 0.165240
🎯 Take profit 2: 0.162441
🎯 Take profit 3: 0.158243
No need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#LSK
Tap below to trade 👇
Once a key level breaks, a retest confirms it. I think there’s still room to fall. Of course, we need to guard against a bounce, but until the structure turns, I’m siding with the bears.
🔴 Trade direction: Short
📍 Entry range: 0.169143 – 0.169731
🛑 Stop loss: 0.175033
🎯 Take profit 1: 0.165240
🎯 Take profit 2: 0.162441
🎯 Take profit 3: 0.158243
No need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#LSK
Tap below to trade 👇