$LSK is currently trading around $0.278, with strong volatility after the recent rally and pullback. 📉📈
đŸ”„ KEY FACTOR: Lisk Chain is scheduled to shut down on October 31, 2026, while LSK is transitioning toward its new role on Ethereum. Lisk has also confirmed a 100M LSK burn, reducing the planned supply from 400M to 300M.
📊 My Technical View:
‱ Current zone: $0.27–$0.28
‱ Resistance: $0.30–$0.31
‱ Breakout zone: $0.31+
‱ Support: $0.27
‱ If support holds → recovery toward $0.30–$0.32 becomes possible
‱ If $0.27 breaks decisively → downside pressure could continue
🎯 Prediction:
A reclaim of $0.30 with strong volume would improve the short-term structure. Until then, LSK remains a high-volatility setup and traders should watch volume closely.
⚠ Important: LSK is currently under Binance's Monitoring Tag, and Lisk is going through a major network transition, so volatility and risk are elevated.
đŸ”„ Watch the $0.30 level — that’s the key area to monitor next.
#LSK #lisk #crypto