$LYN is up +21% and everyone's piling in late. I'm looking the other way 👇
A 47% surge in 3 days put it up 21% on the day, so I took a closer look at the structure.
It pushed above 0.01742 for a moment, got sold hard from 0.01798 and LYN is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
Next stop for me is $LYN 0.01625. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.01798 proves me wrong.
📌 My LYN trade: short from 0.01769, stop at 0.01841, target 0.01625 (+8.1%, 1:2)
📊 24h Vol: $17.3M | 24h Chg: +20.7% | Funding: +0.0201%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#LYN #Crypto #Trading
A 47% surge in 3 days put it up 21% on the day, so I took a closer look at the structure.
It pushed above 0.01742 for a moment, got sold hard from 0.01798 and LYN is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
Next stop for me is $LYN 0.01625. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.01798 proves me wrong.
📌 My LYN trade: short from 0.01769, stop at 0.01841, target 0.01625 (+8.1%, 1:2)
📊 24h Vol: $17.3M | 24h Chg: +20.7% | Funding: +0.0201%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#LYN #Crypto #Trading
