🚀 $LSK /USDT Trading Signal - Bullish Momentum Building? 📈 Let's dive in 🧐
Entry Zone: $1.0600 - $1.0800
Targets: 🎯
* Target 1: $1.1110 (immediate resistance)
* Target 2: $1.1530 (recent high level)
Stop Loss: ⛔️ $1.0290 (below recent support)
Observation: 👀
LSK/USDT is consolidating after a pullback from the $1.1530 high. A breakout above $1.1110 resistance could signal a bullish continuation towards $1.1530. 💪 Bulls are gaining strength, backed by rising volume and higher lows on the hourly chart. 📈 A rejection near $1.1110 might lead to a retest of support around $1.0560. ⚠️
Next Steps:
* 🟢 Watch for a decisive break above $1.1110 with strong momentum.
* 💰 Secure partial profits near $1.1110 and monitor price action for further gains towards $1.1530.
* ⚠️ Maintain strict risk management with a stop loss at $1.0290 to mitigate potential losses.