I’m watching $LSK after its 100%+ vertical move from the accumulation zone. Price pushed to $0.3672 and is now around $0.3515, just below the bigger $0.3800–$0.4000 supply zone.
On the 15m chart, momentum is starting to slow with repeated upper wicks and a possible double top. I’m not chasing these green candles. I want to see rejection first.
Short Trade Plan 📉
Entry Zone: $0.3520–$0.3720
Target 1: $0.3337
Target 2: $0.2921
Stop Loss: $0.4200
Confirmation: A 15m breakdown below $0.3480 would give sellers stronger confirmation.
Why this setup works:
After such an aggressive rally, the supply zone can become a major test. Rejection around $0.3520–$0.3720 plus a break below $0.3480 could signal a deeper pullback. If price reclaims $0.4000 and moves toward $0.4200, the short setup is invalid.
I’m waiting for rejection and confirmation, not blindly shorting strength. 📉
#SECReceivesGrayscaleLitecoinTrustETFFiling #ClarityActFacesProceduralVoteSept15 #US10YearTreasuryYieldNears5% #TokenizedStockHoldersUp619.1% #RevolutConfirmsFakeGovEmailDataBreach
On the 15m chart, momentum is starting to slow with repeated upper wicks and a possible double top. I’m not chasing these green candles. I want to see rejection first.
Short Trade Plan 📉
Entry Zone: $0.3520–$0.3720
Target 1: $0.3337
Target 2: $0.2921
Stop Loss: $0.4200
Confirmation: A 15m breakdown below $0.3480 would give sellers stronger confirmation.
Why this setup works:
After such an aggressive rally, the supply zone can become a major test. Rejection around $0.3520–$0.3720 plus a break below $0.3480 could signal a deeper pullback. If price reclaims $0.4000 and moves toward $0.4200, the short setup is invalid.
I’m waiting for rejection and confirmation, not blindly shorting strength. 📉
#SECReceivesGrayscaleLitecoinTrustETFFiling #ClarityActFacesProceduralVoteSept15 #US10YearTreasuryYieldNears5% #TokenizedStockHoldersUp619.1% #RevolutConfirmsFakeGovEmailDataBreach
