I’m looking at $LSK /USDT around 0.4921, and the short-term chart is showing a bounce from the 0.4888 area. Price is recovering, but it’s still below the visible MA60 at 0.4983, so I’m not treating this as a confirmed reversal yet.
For me, the key area is 0.4970–0.4991. If price can push back through this zone and hold it, the setup becomes more interesting. Until then, I’d rather watch the reaction than chase the bounce.
📍 Entry: 0.4921–0.4930
🎯 TP1: 0.4970
🎯 TP2: 0.4991
🛑 Invalidation: 0.4888
The recent move from roughly 0.4890 toward 0.4921 shows buyers are attempting to recover, but the declining MA60 and current position below 0.4983 keep the setup cautious. Volume is also visible, but the screenshot doesn’t give enough confirmation for me to call the move strong.
If price loses 0.4888, I’d step away from this setup because that would break the visible short-term support area.
I’m watching the reaction around 0.4970–0.4991 closely. Confirmation matters more here than forcing an entry.
For me, the key area is 0.4970–0.4991. If price can push back through this zone and hold it, the setup becomes more interesting. Until then, I’d rather watch the reaction than chase the bounce.
📍 Entry: 0.4921–0.4930
🎯 TP1: 0.4970
🎯 TP2: 0.4991
🛑 Invalidation: 0.4888
The recent move from roughly 0.4890 toward 0.4921 shows buyers are attempting to recover, but the declining MA60 and current position below 0.4983 keep the setup cautious. Volume is also visible, but the screenshot doesn’t give enough confirmation for me to call the move strong.
If price loses 0.4888, I’d step away from this setup because that would break the visible short-term support area.
I’m watching the reaction around 0.4970–0.4991 closely. Confirmation matters more here than forcing an entry.