$LSK

/USDT Technical Analysis - Binance

Current Price:

LSK/USDT: $1.064 (+12.24%)

Key Levels to Watch:

1. Support Level:

$1.021

This level has been a strong support zone, providing a solid base for price action. A bounce from this level indicates bullish potential.

2. Resistance Level:

$1.150

As the current 24h high, breaking this resistance level is essential for sustained upward movement.

3. Next Target:

$1.157

Following a breakout above $1.150, this would be the next target for further gains.

Technical Indicators:

Moving Averages:

MA(7): 1.085

MA(25): 1.081

MA(99): 1.021

Moving averages are bullish, with shorter-term MAs above the longer-term MA, signaling a strong uptrend.

Trading Volume:

24h Volume (LSK): 16.31M

24h Volume (USDT): 17.12M

High trading volume indicates increased market activity and supports the current price increase.

Conclusion:

Bullish Outlook: LSK has shown a 12.24% gain, with strong support at $1.021 and resistance at $1.150.

Targets:

1. $1.150 – Resistance Break

2. $1.157 – Immediate Next Target

3. Higher Levels – Beyond $1.157 with sustained bullish momentum.

Stay tuned for more updates on LSK/USDT! 🚀

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