🔍 LSK Analysis – RSI Reversal or Resistance Trap? 🔍
🧱 Lisk, a long-standing altcoin focused on JavaScript-based blockchain development, is showing signs of technical recovery. While developer interest remains niche, price action is attracting short-term traders.
📈 Technical Analysis
- Short-term trend: Bullish reversal attempt on 4H
- Support: $0.375
- Resistance: $0.405 and $0.428
- Pattern: RSI bounce with bullish engulfing candle
- Volume: Slight increase, but not yet strong
- Indicators: RSI at 52, 20MA crossing above 50MA
- Outlook: Mildly bullish
📰 Market Data & News
- Price: $0.394
- 24h Change: +3.2%
- No major headlines or listings
🔄 Scenario Breakdown
- Bullish Case: Break above $0.405 with volume could target $0.428
- Bearish Case: Drop below $0.375 invalidates setup, targets $0.352
- TP/SL Logic: TP at $0.428, SL below $0.374
📊 Sentiment Meter
📈 Bullish Momentum – Strong breakout setup, rising volume
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
💬 Will LSK break through $0.405 or stall again? Drop your take below 👇
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📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
LSK #TheCryptoMalik
