$LSK — SHORT SETUP
BOOOOOOM! $LSK is still showing heavy bearish pressure after the massive rejection from the $1+ zone. Price has now broken down toward $0.40, so the better plan is to wait for a relief bounce instead of chasing the dump.
Short Entry: $0.44 – $0.50
Add on Bounce: $0.52 – $0.58
Aggressive Entry: $0.60 – $0.65
Targets:
TP1: $0.40
TP2: $0.36
TP3: $0.32
TP4: $0.28
TP5: $0.24
Stop Loss: $0.68
As long as $LSK remains below the $0.55–$0.60 resistance area, the bearish structure remains valid. Wait for rejection and manage risk carefully.
Let the chart speak.
DYOR
BOOOOOOM! $LSK is still showing heavy bearish pressure after the massive rejection from the $1+ zone. Price has now broken down toward $0.40, so the better plan is to wait for a relief bounce instead of chasing the dump.
Short Entry: $0.44 – $0.50
Add on Bounce: $0.52 – $0.58
Aggressive Entry: $0.60 – $0.65
Targets:
TP1: $0.40
TP2: $0.36
TP3: $0.32
TP4: $0.28
TP5: $0.24
Stop Loss: $0.68
As long as $LSK remains below the $0.55–$0.60 resistance area, the bearish structure remains valid. Wait for rejection and manage risk carefully.
Let the chart speak.
DYOR
