$LSK looks strong at first glance, but the higher-timeframe picture is not that simple.
What stands out here is that open interest is down 3.9% and the last 15m is -3.29%. That gives the move real context instead of treating every candle as a signal.
The 1h setup is bearish, but the broader multi-timeframe bias is still bullish. I would treat this as a tactical setup, not a clean trend trade.
The area around $0.10403 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you trade the short-term setup on $LSK, or respect the higher-timeframe conflict?
#LSK #Trading
Trade plan: SHORT
Entry: $0.70962
SL: $2.38236
TP1: $-0.96311
TP2: $-2.63584
TP3: $-4.30858
What stands out here is that open interest is down 3.9% and the last 15m is -3.29%. That gives the move real context instead of treating every candle as a signal.
The 1h setup is bearish, but the broader multi-timeframe bias is still bullish. I would treat this as a tactical setup, not a clean trend trade.
The area around $0.10403 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you trade the short-term setup on $LSK, or respect the higher-timeframe conflict?
#LSK #Trading
Trade plan: SHORT
Entry: $0.70962
SL: $2.38236
TP1: $-0.96311
TP2: $-2.63584
TP3: $-4.30858
