$LSK: Major Support Breakdown Confirmed on $LSK Higher Timeframes
SHORT SETUP LSK
Entry: $0.19550 - $0.19620
Stop Loss: $0.20298
Take Profit: $0.18159 (2R)
Key Levels: Support $0.18790 | Resistance $0.19620
Technical Analysis for $LSK: Multiple bearish cues dominate LSKUSDT: price sits below EMA9, EMA21, EMA50 and EMA200, confirming downtrend. MACD histogram remains negative, while RSI at 36 and Stochastic K at 3 signal weakening momentum. Bollinger bands hug the lower edge, ADX 18 indicates a weak trend. The pair is testing the 0.1962 resistance, with the next support around 0.1879.
Market Context: BTC is bearish on 4hour and 1day charts, down 0.2% in 24 h. Overall market breadth is broadly negative with 92.2% red
SHORT $LSK
SHORT SETUP LSK
Entry: $0.19550 - $0.19620
Stop Loss: $0.20298
Take Profit: $0.18159 (2R)
Key Levels: Support $0.18790 | Resistance $0.19620
Technical Analysis for $LSK: Multiple bearish cues dominate LSKUSDT: price sits below EMA9, EMA21, EMA50 and EMA200, confirming downtrend. MACD histogram remains negative, while RSI at 36 and Stochastic K at 3 signal weakening momentum. Bollinger bands hug the lower edge, ADX 18 indicates a weak trend. The pair is testing the 0.1962 resistance, with the next support around 0.1879.
Market Context: BTC is bearish on 4hour and 1day charts, down 0.2% in 24 h. Overall market breadth is broadly negative with 92.2% red
SHORT $LSK