🔸 #LSK faced a massive rejection after hitting the 2.37 peak, leading to a sharp correction. Price is currently trading below both EMA9 and EMA15, with RSI hovering near 45, signaling weak momentum.
🔸 On the 1h chart, the asset is struggling to reclaim the 0.83 resistance level. A breakdown below the 0.80 psychological support could accelerate the downward move toward lower targets.
🛑 DO NOT ENTER INTO TRADE WITHOUT STOP LOSS!
🔸 Major resistance lies between 0.8300 - 0.8500. Sustaining below this area signals potential continuation down toward local swing lows. ⚡
⚠️ Disclaimer: Not financial advice. DYOR and manage risk properly.