$LYN Setup Long
Entry Zone: 0.10800 - 0.10100
Stop Loss: 0.09500
Take Profit Targets:
∙ TP1: 0.12200
∙ TP2: 0.13200
∙ TP3: 0.15000
• Bullish - Recovery momentum building after capitulation bottom:
LYN has put in a solid bottom at 0.08379 and is now showing signs of a sustainable reversal with price reclaiming key moving averages. The 30-day gain of 61.54% demonstrates strong recovery momentum, while the current consolidation around 0.119 suggests accumulation before the next impulse move higher.
All major MAs are starting to curve upward with MA(7) crossing above MA(25), creating a classic bullish setup on the 4h timeframe. Despite today’s pullback of 11.75%, the overall structure remains intact with higher lows being formed since the bottom. The 60.60% sell ratio might seem bearish, but this often represents weak hands exiting before a breakout. Volume patterns show declining selling pressure during dips, indicating exhaustion of sellers. Once LYN clears the 0.122-0.125 resistance zone with conviction, we should see acceleration toward retesting the 0.150-0.170 range.
Best entry on a confirmed bounce from 0.118 support with increasing buy volume.
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Entry Zone: 0.10800 - 0.10100
Stop Loss: 0.09500
Take Profit Targets:
∙ TP1: 0.12200
∙ TP2: 0.13200
∙ TP3: 0.15000
• Bullish - Recovery momentum building after capitulation bottom:
LYN has put in a solid bottom at 0.08379 and is now showing signs of a sustainable reversal with price reclaiming key moving averages. The 30-day gain of 61.54% demonstrates strong recovery momentum, while the current consolidation around 0.119 suggests accumulation before the next impulse move higher.
All major MAs are starting to curve upward with MA(7) crossing above MA(25), creating a classic bullish setup on the 4h timeframe. Despite today’s pullback of 11.75%, the overall structure remains intact with higher lows being formed since the bottom. The 60.60% sell ratio might seem bearish, but this often represents weak hands exiting before a breakout. Volume patterns show declining selling pressure during dips, indicating exhaustion of sellers. Once LYN clears the 0.122-0.125 resistance zone with conviction, we should see acceleration toward retesting the 0.150-0.170 range.
Best entry on a confirmed bounce from 0.118 support with increasing buy volume.
#WriteToEarnUpgrade
#BinanceAlphaAlert
