✅ What’s looking good
Moving-averages across many timeframes are giving strong “Buy” signals for LSK.
Technical breakout signs: The price has broken above key levels and the momentum indicators (e.g., MACD) are turning positive.
Significant 24-hour and 7-day gains: For example, one source shows +23% in 24 h, +66% in 7 days.
⚠️ What to watch/risks
The RSI and other indicators show over-bought zones: that suggests a potential short-term pull-back.
Support around ~$0.28 (≈ USD) is important. If LSK fails to hold that, downside risk increases.
The broader crypto market and altcoin sentiment are still uncertain; LSK being a high-beta altcoin makes it more vulnerable to sharp swings.
🎯 My trade bias (short-term)
Bias: Moderately bullish — If LSK holds above its support and continues volume/momentum, upside is possible.
Entry idea: Consider near the ~$0.28 region (USD) as support.
Target: A short term move toward ~$0.35 or higher if momentum continues.
Stop-loss / caution: If it drops below ~$0.28 with conviction, reassess and prepare for possible pull-back toward ~$0.20-$0.25.#LSK #CryptoAnalysis #MarketPullback #TrendingTopic
