Post
Bearish

Everyone is about to get wrecked by LSK right now.



$LSK /USDT - SHORT

Trade Plan:
Entry: 0.5402 – 0.5562
SL: 0.6476
TP1: 0.4737
TP2: 0.4240
TP3: 0.3495

Why this setup?
Why now? The daily trend is range, but the 1h ATR of 0.031843 shows the volatility is finally expanding enough to justify a directional move. The 15m RSI at 86.48 means the asset is severely overbought on the short term, creating the perfect setup for a reversal. The entry zone of 0.5482 sits at the top of the range, and the target TP1 of 0.4737 represents a clear first leg down. If price pushes to TP2 at 0.4240, the full short thesis is confirmed, but the line in the sand is the invalidation level at 0.1536.

Debate:
Are we hitting TP2 or getting trapped?

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
LSKLSK-5.22%


Add a comment
Add a comment

Comment 1
MOLLAJATT
Totally agree,its LSK weekend! 😊 trading