🚨 $LYN Short Squeeze: Is the Vesting Dump Losing Control?
💵 Everlyn AI ($LYN ) is moving higher with bullish energy. The price has risen 7.43% to $0.01500. Spot volume jumped 142% to $3.46 million showing growing interest. Open Interest increased by 8.93% to $16.16 million. That's than four times the $3.83 million market cap. This high level of interest points, to heavy leverage and a risk of liquidations.
🌕Funding rates are positive which means traders are betting on price increases.. The daily vesting emissions are still a big concern. The supply keeps rising. That could pressure the price. If spot demand stays above $3 million $LYN might test the $0.0165 level.. If buying pressure starts to fade a new sell-off could follow.
Is this a turnaround?. Just a short squeeze that will fade? The market is still uncertain.
#LYN
#altcoins $LYN
💵 Everlyn AI ($LYN ) is moving higher with bullish energy. The price has risen 7.43% to $0.01500. Spot volume jumped 142% to $3.46 million showing growing interest. Open Interest increased by 8.93% to $16.16 million. That's than four times the $3.83 million market cap. This high level of interest points, to heavy leverage and a risk of liquidations.
🌕Funding rates are positive which means traders are betting on price increases.. The daily vesting emissions are still a big concern. The supply keeps rising. That could pressure the price. If spot demand stays above $3 million $LYN might test the $0.0165 level.. If buying pressure starts to fade a new sell-off could follow.
Is this a turnaround?. Just a short squeeze that will fade? The market is still uncertain.
#LYN
#altcoins $LYN
