LSK: Potential Trap Scenario?🔍
💎 LSK is approaching a retest of the previously broken resistance zone, which may now act as support. However, it's important to consider a few points before making any trading decisions.
💎It's possible that LSKUSDT will attempt to trap traders by momentarily touching the supportive trendline before pushing upward. This could coincide with a potential pullback in BTC, which could influence LSK's price action.
💎If LSK demonstrates bullishness and breaks above the lower high (LH), it could signal a bullish move, although the probability of this outcome may be lower compared to finding support from the supportive trendline.
💎In the event of a breakdown below the support zone and supportive trendline, it would be considered bearish. However, it's advisable to wait for better price action confirmation before taking any action and to ignore it until clearer signals emerge.
💎It's possible that LSKUSDT will attempt to trap traders by momentarily touching the supportive trendline before pushing upward. This could coincide with a potential pullback in BTC, which could influence LSK's price action.
💎If LSK demonstrates bullishness and breaks above the lower high (LH), it could signal a bullish move, although the probability of this outcome may be lower compared to finding support from the supportive trendline.
💎In the event of a breakdown below the support zone and supportive trendline, it would be considered bearish. However, it's advisable to wait for better price action confirmation before taking any action and to ignore it until clearer signals emerge.
Feragatname
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