$LSK JUST EXPLODED +38% ON 5X VOLUME—IS THIS THE REVERSAL TRADERS HAVE BEEN WAITING FOR?
Lisk went from an 8x spike to $0.79, crashed all the way to $0.16, and has now ripped +38% to around $0.2856 on roughly 5x its average daily volume. That is not quiet price action this is a coin traders are watching closely.
But after a move this violent, I’m not chasing. I want LSK to prove whether this is a real reversal or just a relief bounce beneath its lower highs.
Open trade opportunity
🟢 Pullback entry: around $0.245, only if the $0.245–$0.255 retest zone holds
🛑 Stop / invalidation: a daily close below $0.205 — today’s open and breakout base
🎯 TP1: $0.310 — October resistance
🎯 TP2: $0.410 — late-September bounce high
From a $0.245 entry:
Risk: about 16.3% to invalidation
TP1: about 26.5%, or roughly 1.6R
TP2: about 67.3%, or roughly 4.1R
Figures exclude fees and slippage.
Breakout plan
If LSK does not pull back, watch for a daily close above $0.310 and a successful retest. That would be the first real sign that buyers are trying to break the downtrend structure not just bounce from the lows.
⚠️ The stop is wide because the breakout base is far below the entry. Size down accordingly. After an 8x spike and crash, LSK can move 20%+ in either direction in a single day.
❌ If $0.205 breaks on a daily close, there is no trade. I wait for a new base above the $0.16 low.
👇 Are you buying the retest toward $0.245, or waiting for the $0.31 breakout? Drop your levels below 👇
#LSK #lisk #CryptoTrading #TradingSetup
Lisk went from an 8x spike to $0.79, crashed all the way to $0.16, and has now ripped +38% to around $0.2856 on roughly 5x its average daily volume. That is not quiet price action this is a coin traders are watching closely.
But after a move this violent, I’m not chasing. I want LSK to prove whether this is a real reversal or just a relief bounce beneath its lower highs.
Open trade opportunity
🟢 Pullback entry: around $0.245, only if the $0.245–$0.255 retest zone holds
🛑 Stop / invalidation: a daily close below $0.205 — today’s open and breakout base
🎯 TP1: $0.310 — October resistance
🎯 TP2: $0.410 — late-September bounce high
From a $0.245 entry:
Risk: about 16.3% to invalidation
TP1: about 26.5%, or roughly 1.6R
TP2: about 67.3%, or roughly 4.1R
Figures exclude fees and slippage.
Breakout plan
If LSK does not pull back, watch for a daily close above $0.310 and a successful retest. That would be the first real sign that buyers are trying to break the downtrend structure not just bounce from the lows.
⚠️ The stop is wide because the breakout base is far below the entry. Size down accordingly. After an 8x spike and crash, LSK can move 20%+ in either direction in a single day.
❌ If $0.205 breaks on a daily close, there is no trade. I wait for a new base above the $0.16 low.
👇 Are you buying the retest toward $0.245, or waiting for the $0.31 breakout? Drop your levels below 👇
#LSK #lisk #CryptoTrading #TradingSetup
