Keeping a close eye on $LSK — the structure here could get interesting‼️‼️🫡🫡
$LSK already made an explosive run from the $0.10–$0.30 accumulation zone, rallying all the way to $2.37 before heavy profit-taking set in.
At the moment, price is hovering in the $0.85–$1.00 FVG zone, which I consider the critical level to monitor. As long as LSK defends this area, the bullish structure still has room to reform.
My first key resistance sits at $1.20–$1.40. If buyers can reclaim that zone with conviction, I'll be looking for continuation toward the wider $1.50–$2.00 target range.
On the flip side, $0.70–$0.80 stands out as the crucial support zone. A decisive break below $0.70 would weaken this thesis and invalidate the bullish outlook.
I'm not jumping in here. I'm just watching how price behaves around $0.85–$1.00 and whether buyers can regain control.
$LSK already made an explosive run from the $0.10–$0.30 accumulation zone, rallying all the way to $2.37 before heavy profit-taking set in.
At the moment, price is hovering in the $0.85–$1.00 FVG zone, which I consider the critical level to monitor. As long as LSK defends this area, the bullish structure still has room to reform.
My first key resistance sits at $1.20–$1.40. If buyers can reclaim that zone with conviction, I'll be looking for continuation toward the wider $1.50–$2.00 target range.
On the flip side, $0.70–$0.80 stands out as the crucial support zone. A decisive break below $0.70 would weaken this thesis and invalidate the bullish outlook.
I'm not jumping in here. I'm just watching how price behaves around $0.85–$1.00 and whether buyers can regain control.
