$LSK /USDT Trading Signal - Approaching Reversal?
Current Price: $0.912
24H Range: $0.904 - $1.033
EMA Levels:
EMA(7): $0.926
EMA(25): $0.957
EMA(99): $0.990
Analysis:
LSK is attempting to recover from the $0.904 low. Price action shows a potential short-term bounce if it can hold above EMA(7). A breakout above EMA(25) could signal stronger momentum.
Potential Setup:
Entry Zone: $0.910 - $0.925
Targets:
Target 1: $0.950
Target 2: $0.975
Stop Loss: $0.900
Observation:
A failure to hold above $0.910 may result in further downside, testing the $0.900 support. Watch for increasing volume near EMA(25) for confirmation of a bullish trend.
Actionable Advice:
Lock in partial profits near $0.950.
Trail stop-loss above $0.925 as price approaches $0.975.
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