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$LSK ‌📌 LSK Market Update (1H Chart View)



LSK made a strong push up to 0.2994, but after hitting that peak it’s now cooling down and pulling back around 0.25.
This type of correction is normal after a fast move.

🔍 What I’m seeing:

Price is still sitting above most moving averages → trend still positive, just taking a breather.

RSI is mid-zone → neither overbought nor oversold, room for another move either direction.

MACD is slowing down → showing a short-term correction phase.

🕑 Predictions (Different Timeframes)

Short-term (1H–4H):
Market may retest the 0.24–0.25 support zone. A bounce from here can start a new small uptrend.

Mid-term (1D):
If bulls take back momentum, next target could be 0.28 → 0.30 again.

Caution:
If support breaks, price may revisit 0.22–0.23 before stabilizing.

📈 My Personal View:

Looks like LSK is resetting after a strong rally. If the support holds, another leg up is possible.
(Just my opinion, not financial advice.)
LSK-7.91%
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GateUser-fe04dff3vip
· 12-01 07:20
gn
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