Chasing this $LSK pump is pure exit liquidity...
Guys this is a LONG setup, but only for the patient. The 4H chart shows a massive vertical break, but that RSI at 94 is screaming danger. Retail is blindly FOMOing into this 25% candle while smart money is preparing to distribute. I want to see a retracement to the previous resistance zone before committing any capital.
Entry: 0.1850 - 0.1950
TP1: 0.2210
TP2: 0.2450
Stop Loss: 0.1650
I refuse to buy the top of a parabolic wick; if we don't get a structured pullback on $LSK, I sit on my hands.
Are you fading this overbought signal or waiting for a dip to long? Follow for elite setups.
Guys this is a LONG setup, but only for the patient. The 4H chart shows a massive vertical break, but that RSI at 94 is screaming danger. Retail is blindly FOMOing into this 25% candle while smart money is preparing to distribute. I want to see a retracement to the previous resistance zone before committing any capital.
Entry: 0.1850 - 0.1950
TP1: 0.2210
TP2: 0.2450
Stop Loss: 0.1650
I refuse to buy the top of a parabolic wick; if we don't get a structured pullback on $LSK, I sit on my hands.
Are you fading this overbought signal or waiting for a dip to long? Follow for elite setups.
