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LSK is currently trading around $0.296, showing a strong trend. The price has successfully broken through a long-term consolidation zone, surging to around $0.32 before taking a short pause, and is now steadily above the 7-day, 25-day, and 99-day moving averages (7-day MA about 0.287, 25-day MA about 0.244, 99-day MA about 0.196).
The trading volume has clearly increased this time, and the buying pressure is dominant – this is a good confirmation signal for a breakout. Looking down, the range of 0.26-0.24 (corresponding to the 7-day and 25-day moving averages) will be the recent support zone; if it can cleanly return above 0.32-0.33? Then the area of 0.34-0.36 will have a chance.
As long as the price can stay above the moving average, the bullish trend is still in place.