$LSK spiked to $0.31 on October 31, gave it back, then bounced 17% off its November 4 low. Dead-cat bounce or base-building? 🚨
Lisk is trading around $0.20 to $0.21 on a market cap of about $45M. It's up roughly 20% on the week, but down about 27% over 30 days and still 99.5% below its all-time high. Volume is high for the size, so moves can be violent in both directions. 👀
Levels I'm watching:
🟣 $0.245: October 31 close, the big hurdle
🔴 $0.2105: November 4 high, first hurdle for bulls
🟢 $0.175: November 4 low, support
⚠️ Lose $0.165 and the late-October base gives way
My plan: no chasing a +17% candle. Small size, tight stop, and I only get interested on a pullback that holds $0.175 or a daily close above $0.2105 with volume. I'm out if $0.165 breaks.
Bounce or fade? 👇
#LSK #Lisk #crypto #cryptotrading #altcoins
@Ismeidy @BitEagle News @Zetoshi X
Lisk is trading around $0.20 to $0.21 on a market cap of about $45M. It's up roughly 20% on the week, but down about 27% over 30 days and still 99.5% below its all-time high. Volume is high for the size, so moves can be violent in both directions. 👀
Levels I'm watching:
🟣 $0.245: October 31 close, the big hurdle
🔴 $0.2105: November 4 high, first hurdle for bulls
🟢 $0.175: November 4 low, support
⚠️ Lose $0.165 and the late-October base gives way
My plan: no chasing a +17% candle. Small size, tight stop, and I only get interested on a pullback that holds $0.175 or a daily close above $0.2105 with volume. I'm out if $0.165 breaks.
Bounce or fade? 👇
#LSK #Lisk #crypto #cryptotrading #altcoins
@Ismeidy @BitEagle News @Zetoshi X
