$LSK /USDT Analysis: Bullish Momentum Building
$LSK /USDT is trading at $1.111, climbing 19.46% within 24 hours. The pair is testing the resistance at $1.124, indicating strong upward momentum.
Key Levels to Watch:
Support: $1.08 (immediate), $1.03 (critical for bullish continuation).
Resistance: $1.12 (current test), $1.15 (next target).
Trading Strategy:
For Bulls: Look for pullbacks near $1.08, targeting $1.12 and $1.15. Place a stop-loss below $1.03.
For Bears: Short near resistance at $1.12 if rejected, aiming for $1.08 and $1.03. Use a stop-loss above $1.13.
Market Insights:
The RSI at 73.16 suggests overbought conditions, signaling potential for a breakout or retracement. Increased volume at $1.12 will confirm the next move!