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$LSK Impulsive Expansion: Smart Money Retest Setup Before $0.1180 Re-Breakout
📊 Market Bias: Strongly Bullish (Impulsive Trend Structure)
Lisk (
$LSK /USDT) has initiated a strong bullish expansion on the 1-Hour chart, surging over +11.07% from its baseline accumulation level at $0.1011 to sweep buy-side liquidity up to $0.1180. Price action is currently consolidating constructively near $0.1164, holding comfortably above the 1H SuperTrend dynamic support level ($0.1087). Fundamentals are highlighted by Lisk's strategic shift toward corporate treasury infrastructure on Base and Ethereum, alongside the governance token-burn dynamics impacting long-term supply expectations.
🎯 Trade Setup: LONG ON RETEST
Primary Plan: Enter a LONG position as price executes a controlled retest into the 1H Fair Value Gap (FVG) and discount demand area before the next impulsive extension.
Entry Zone: $0.1105 – $0.1140 (Discount Retest / 1H FVG Demand Area)
Stop Loss: $0.1070 (Placed safely below the 1H SuperTrend dynamic line at $0.1087)
Take Profit Targets:
TP1: $0.1180 (Local Swing High / Buy-Side Liquidity Sweep Peak)
TP2: $0.1250 (1.272 Fibonacci Extension Level)
TP3: $0.1340 (Major High-Timeframe Overhead Resistance)
Risk-to-Reward Ratio: ~1:2.8 (Calculated from optimal entry near $0.1122)
Trade Invalidation: Hourly candle closing below $0.1070.
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