🐻 Scalp SHORT – LSK
LSK has surged aggressively, pushing RSI into extreme overbought territory (reaching up to 90) and forming strong bearish divergences on both the 15m and 1h timeframes. Buying momentum is clearly weakening, while price action shows exhaustion near the local top. This strongly signals a potential sharp correction.
🎯 TP: 0.1756
🛡️ SL: 0.2917
📊 RR: 1 : 5.33
A clean short setup: extreme overbought conditions + multi-timeframe bearish divergence → high probability of downside pressure.
LSK has surged aggressively, pushing RSI into extreme overbought territory (reaching up to 90) and forming strong bearish divergences on both the 15m and 1h timeframes. Buying momentum is clearly weakening, while price action shows exhaustion near the local top. This strongly signals a potential sharp correction.
🎯 TP: 0.1756
🛡️ SL: 0.2917
📊 RR: 1 : 5.33
A clean short setup: extreme overbought conditions + multi-timeframe bearish divergence → high probability of downside pressure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.