🔴 $LSK /USDT — 1H SHORT SETUP 📉

LSK is extremely extended after a +99.49% daily move. The 1H structure is still bullish, so this is not a clean immediate short. The better-defined setup is a rejection near the recent high.

Potential short zone — only after rejection:

📍 Entry: 0.825–0.865

🛑 Invalidation/SL: 0.885–0.900

🎯 TP1: 0.760

🎯 TP2: 0.706 (MA7)

🎯 TP3: 0.592 (MA99)

Chart read

🔴 0.86660 — current 24H high / key resistance

🟠 0.825–0.865 — potential rejection area

🟡 0.706 — MA(7), first meaningful pullback level

🟢 0.592 — MA(99)

🟢 0.530 — MA(25)

Momentum: Stoch RSI ~79–82 is elevated, but not sufficient by itself to confirm a reversal. Volume remains substantial and price is still above all three MAs.

⚠️ Do not chase a short at 0.805. A sustained break above 0.8666 would weaken the rejection thesis; conversely, a failed push toward 0.85–0.87 followed by a lower high would provide much stronger short confirmation.

Overall chart condition: parabolic/overextended bullish trend → short only on confirmed rejection, rather than blindly fading the move.