🚀 $LSK LONG SETUP – Potential Bottom Formation. Bulls
Preparing for a Recovery Move.
Long Entry: 0.17–0.176
TP1: 0.2
TP2: 0.24
TP3: 0.2734
SL: 0.10087
Setup Logic:
On the 1H timeframe, $LSK has experienced a significant correction following its previous sharp upward move. After an extended period of selling, price is now consolidating near the recent lows, indicating a possible slowdown in bearish momentum.
The market is showing signs of stabilization around the current support zone, where buyers may attempt to regain control. We are anticipating a potential bullish recovery from these depressed levels, with a breakout above the short-term consolidation range providing further confirmation.
A successful recovery could attract fresh buying interest and trigger a relief rally toward our target levels. This setup aims to capture a potential rebound following the extended sell-off.
Preparing for a Recovery Move.
Long Entry: 0.17–0.176
TP1: 0.2
TP2: 0.24
TP3: 0.2734
SL: 0.10087
Setup Logic:
On the 1H timeframe, $LSK has experienced a significant correction following its previous sharp upward move. After an extended period of selling, price is now consolidating near the recent lows, indicating a possible slowdown in bearish momentum.
The market is showing signs of stabilization around the current support zone, where buyers may attempt to regain control. We are anticipating a potential bullish recovery from these depressed levels, with a breakout above the short-term consolidation range providing further confirmation.
A successful recovery could attract fresh buying interest and trigger a relief rally toward our target levels. This setup aims to capture a potential rebound following the extended sell-off.