Okay... alts gave us the breakout and now it's giving some of it BACK đ
$LSK touched $0.45 and now dumped towards $0.40, currently around $0.401.
$LTC rejected from $69.55 and wicked all the way to $67.36.
And $ARK got hit too... from $0.176 down to $0.171 đ
This is exactly why i don't become blindly bullish after one massive green move...
For now i am watching these levels:
đ LSK: $0.40 support... lose that and $0.389 (MA25) becomes important again.
đ” LTC: $67.30-$67.36 is the immediate support... recovery above $67.90 would be the first good sign.
â« ARK: $0.168-$0.170 is the BIG psychological area here... buyers need to hold this, but i want to see $0.173+ reclaimed.
The interesting part?
Even after this dump, all three are still sitting well above their major breakout zones we were talking about before the pump.
So i am not panicking here... but i am also not throwing leverage at every dip đ
Let these charts show us whether $0.40 (LSK) holds as support first.
This next reaction can tell us a lot about whether that initial move was the beginning of another leg... or market simply needed to flush some late LONGS before trying again.
#BinanceWillListHyperliquid(HYPE) #
#WallStreetEarningsRevisionsTurnBearish
$LSK touched $0.45 and now dumped towards $0.40, currently around $0.401.
$LTC rejected from $69.55 and wicked all the way to $67.36.
And $ARK got hit too... from $0.176 down to $0.171 đ
This is exactly why i don't become blindly bullish after one massive green move...
For now i am watching these levels:
đ LSK: $0.40 support... lose that and $0.389 (MA25) becomes important again.
đ” LTC: $67.30-$67.36 is the immediate support... recovery above $67.90 would be the first good sign.
â« ARK: $0.168-$0.170 is the BIG psychological area here... buyers need to hold this, but i want to see $0.173+ reclaimed.
The interesting part?
Even after this dump, all three are still sitting well above their major breakout zones we were talking about before the pump.
So i am not panicking here... but i am also not throwing leverage at every dip đ
Let these charts show us whether $0.40 (LSK) holds as support first.
This next reaction can tell us a lot about whether that initial move was the beginning of another leg... or market simply needed to flush some late LONGS before trying again.
#BinanceWillListHyperliquid(HYPE) #
#WallStreetEarningsRevisionsTurnBearish