$LSK just pulled off a massive 100%+ vertical expansion straight out of a long accumulation phase. But right now, we are colliding head-on with a major reality check.
โPrice tapped $0.3672 and is currently oscillating around $0.3515, sitting right under the heavy $0.3800 - $0.4000 supply block. Zooming into the 15m timeframe, buyer exhaustion is creeping inโweโre seeing repeated upper wicks and a potential double top shaping up at the highs.
โThis is exactly why I'm keeping my hands off the buy button. Chasing extended green candles here is a high-risk trap.
โIโm patiently stalking the $0.3520 โ $0.3720 zone for a high-probability short setup. The key word here is patienceโI want to see explicit rejection and seller absorption first, not blind shorting into momentum. A clean 15m breakdown and close below $0.3480 will be my signal that bears have taken control.
โTake Profit 1: $0.3337
โTake Profit 2: $0.2921
โInvalidation / Stop Loss: $0.4200 (Above the structure high)
โAfter a vertical run like this, the highest-R:R trade isn't trying to catch the tail end of the pump. Itโs identifying where the big supply is waiting to dump it.
$LSK #short_sell #BearishAlert