$LSK
LSK near $0.75: sellers have control short term, but chasing a short looks premature.
The 1-hour RSI sits near 45, while the 4-hour RSI holds near 60. Momentum is weakening, but a broader breakdown needs confirmation.
Watching $0.82–$0.86 for a rebound and rejection. An hourly close below $0.82, followed by a failed reclaim, would strengthen the short setup.
Downside levels: $0.75 → $0.70 → $0.65.
A sustained recovery above $0.86 weakens this setup. With sharp price swings, size the position around a stop above the rejection high. No rejection, no entry. #LSK👍
LSK near $0.75: sellers have control short term, but chasing a short looks premature.
The 1-hour RSI sits near 45, while the 4-hour RSI holds near 60. Momentum is weakening, but a broader breakdown needs confirmation.
Watching $0.82–$0.86 for a rebound and rejection. An hourly close below $0.82, followed by a failed reclaim, would strengthen the short setup.
Downside levels: $0.75 → $0.70 → $0.65.
A sustained recovery above $0.86 weakens this setup. With sharp price swings, size the position around a stop above the rejection high. No rejection, no entry. #LSK👍
