After forming a double top, $LSK broke the crucial support level at 1.779 and is currently in a downward trend. It's continuing to decline, and 1.70 and 1.65 are important levels to keep an eye on.
The market is dominated by adverse sentiment, and indications such as the RSI and MACD point to continued bearish potential, so traders should exercise caution.
Volume that is bearish is rising, suggesting a potential long-term decline. It's critical to remain vigilant and keep an eye out for any changes in market news. Think about risk management techniques and modify your stance if necessary.
Do you anticipate a reversal or are you shorting $LSK ? Please share your thoughts here!
