$LSK /USDT Faces Sharp Rejection After 0.2256 Spike Market Cooling After Vertical Rally
#LSK exploded upward from 0.1716 to 0.2256 in a straight-line rally, leaving almost no consolidation zones behind. Such vertical moves usually end with a blow-off top, which is exactly what this sharp red candle shows.
Price is now stabilizing around 0.205–0.209, forming the first small base after the parabolic move. As long as LSK holds above 0.2045, bulls can attempt a rebound back toward 0.214 → 0.220.
A 1h close above 0.214 will be the first confirmation of strength returning.
If the price loses 0.2045, expect a deeper correction toward 0.198–0.192, which is the first meaningful demand zone created during the rally.
Short-term bias:
✅ Bullish above 0.2045
❌ Corrective below 0.2045
