Technical analysis of liquidity $LYN (perpetual contracts): The 15-minute timeframe shows positive signals with the Supertrend indicator bouncing upward, while the RSI indicator on the 1-minute timeframe records a reading of 64.4 amid improved liquidity flow and trading volumes.
Suggested technical setup (Buy - Long):
- Entry point: 0.04489
- Stop loss: 0.04444 (15-minute candle close below it for invalidation)
- First target: 0.04534
- Second target: 0.04578
- Third target: 0.04623
Risk-to-reward (R:R) is below the minimum required for the trader, so it is recommended to monitor the price at the current support levels.
Disclaimer: Trading involves high risk. This material is for educational and analytical purposes only and is not an investment recommendation.
#BinanceSquare #CryptoAnalysis #TechnicalAnalysis
Suggested technical setup (Buy - Long):
- Entry point: 0.04489
- Stop loss: 0.04444 (15-minute candle close below it for invalidation)
- First target: 0.04534
- Second target: 0.04578
- Third target: 0.04623
Risk-to-reward (R:R) is below the minimum required for the trader, so it is recommended to monitor the price at the current support levels.
Disclaimer: Trading involves high risk. This material is for educational and analytical purposes only and is not an investment recommendation.
#BinanceSquare #CryptoAnalysis #TechnicalAnalysis