LSK just did something insane — up 281% and I almost missed it.
Woke up to Lisk absolutely ripping. $LSK went from basing near $0.20 to spiking all the way to $2.00 before getting slammed back down to ~$0.97. That wick alone tells a story — early buyers got paid, late longs got rekt in the same candle.
RSI is sitting at 99. Ninety-nine. I've rarely seen a reading that hot. Volume exploded to 192M+ LSK traded in 24h vs basically nothing before. This isn't a slow grind — this is the kind of move that either becomes a new range or fully retraces once the euphoria fades.
My plan:
- Watching $0.82 as first support — if it holds, could see a retest of $1.20-1.40
- Below $0.82, next real floor is back near $0.40
- Stop below $0.70 if playing the bounce — this thing is too hot to hold without one
- Not chasing the wick to $2, waiting for a pullback entry
This is a scalper's chart right now, not a swing trade setup — respect the volatility.
DYOR / NFA
#LSK #Altcoins #cryptotrading
Woke up to Lisk absolutely ripping. $LSK went from basing near $0.20 to spiking all the way to $2.00 before getting slammed back down to ~$0.97. That wick alone tells a story — early buyers got paid, late longs got rekt in the same candle.
RSI is sitting at 99. Ninety-nine. I've rarely seen a reading that hot. Volume exploded to 192M+ LSK traded in 24h vs basically nothing before. This isn't a slow grind — this is the kind of move that either becomes a new range or fully retraces once the euphoria fades.
My plan:
- Watching $0.82 as first support — if it holds, could see a retest of $1.20-1.40
- Below $0.82, next real floor is back near $0.40
- Stop below $0.70 if playing the bounce — this thing is too hot to hold without one
- Not chasing the wick to $2, waiting for a pullback entry
This is a scalper's chart right now, not a swing trade setup — respect the volatility.
DYOR / NFA
#LSK #Altcoins #cryptotrading