🛑$LSK
BEARISH SETUP: NEXT MOVE TOWARD LOWER SUPPORT
$LSK is showing clear bearish weakness after strong rejection from the upper resistance zone. The structure on lower timeframes is shifting into lower highs, indicating sellers are gaining control. Failure to reclaim key resistance keeps the downside bias intact, with price likely to revisit deeper support areas.
Entry: Short positions can be considered on rejection from the resistance zone or on a confirmed breakdown below the immediate support.
Targets:
TP1: 0.190 — first intraday support
TP2: 0.180 — strong demand zone
TP3: 0.165 — major historical support
Stop Loss: 0.220 — above key resistance to invalidate the bearish structure
Key Levels:
Resistance: 0.210, 0.220, 0.230
Support: 0.190, 0.180, 0.165
Pivot Zone: 0.200
Risk Management: Keep risk limited to 1–2% per trade and maintain disciplined position sizing.