One possible scenario is that these relief bounces are simply providing liquidity for larger holders to reduce their positions while retail traders keep buying the dip.
🐋 Whales may be using strength to exit 📉 Retail gets trapped chasing small rebounds 📉 Selling pressure returns after liquidity is collected ⚠️ Lisk Chain is scheduled to shut down on October 31 ⚠️ LSK is already under Binance’s Monitoring Tag
The biggest question is not whether LSK can bounce.
The question is:
**Who is selling into the bounce—and who is buying it?**
If $0.25 breaks with heavy volume, the current structure could deteriorate quickly.
And with the major chain transition ahead, **Binance delisting remains a serious risk that traders cannot ignore**.
**Watch the volume. Watch the support. Watch the whale flow.**
LSK is still trading under significant pressure, while the market is waiting for the project’s major transition.
🔴 Weak price structure 🔴 Lower highs / lower lows 🔴 $0.25 support under pressure 🔴 Binance Monitoring Tag = major risk 🔴 Lisk Chain shutdown scheduled for Oct 31 🔴 New ecosystem still needs to prove real adoption
If **$0.25 breaks decisively with heavy volume**, the next downside zones could come into focus around **$0.23 → $0.20 → $0.18**.
And if selling accelerates, a **30–50% drawdown from current levels cannot be ruled out**.
⚠️ But remember: this is a risk scenario, NOT a prediction.
For bulls, the chart needs to prove strength first.
Lisk is currently sitting at a critical level, and the chart is not giving a strong bullish confirmation yet.
📉 Price remains under pressure 📉 Lower highs continue to form 📉 Momentum is weak 📉 Binance Monitoring Tag remains a major risk 📉 The upcoming Lisk Chain shutdown adds further uncertainty during the transition
If the **$0.25 support breaks with strong selling volume**, LSK could see another leg lower before any meaningful recovery.
A bounce is possible, but until LSK reclaims key resistance with strong volume, **this remains a high-risk setup rather than a confirmed reversal.**