🚨$LSK USDT is showing a strong bullish reversal after an extended downtrend.
The 30-minute chart is showing a significant change in momentum. After falling from the $0.215 area toward $0.173, it spent several sessions moving sideways and building a support base. Buyers have now stepped in aggressively, pushing the price toward $0.1977 with a noticeable increase in trading volume. This breakout suggests that bullish momentum is returning, and the previous consolidation may be turning into a recovery phase.
The immediate resistance is between $0.1977 and $0.2000. A strong move above this zone could open the way toward $0.2050 and potentially $0.2100. On the downside, $0.1900 is the first important support, followed by $0.1850. As long as buyers defend these levels, the bullish recovery structure remains intact. However, after such a sharp upward candle, a short-term pullback or consolidation would not be surprising.
My bias is bullish while the price holds above $0.1900. The volume expansion is an encouraging sign that buyers are becoming more active. The next major test is whether they can push through $0.2000 and turn that resistance into support.
Can LSK break above $0.20 and extend this recovery toward $0.21? #lskusdt #LSK