$LYN #scalper #ScalperClub #ALPHA🔥 #LYNUSDT
Current bias: 🔴 Strong bearish
From this chart:
There was a major downward break after the earlier consolidation. Price is making Lower Highs + Lower Lows. The ABS area is near the recent low. Price is now pressing the Weak Low/support area.
🔴 SELL — Better setup
I would not chase SELL at the exact current low.
Wait for:
Price to bounce upward. Bounce reaches a nearby red supply/resistance zone. Bearish rejection appears. Then SELL on confirmation.
SL: Above the rejection/supply zone
TP1: Recent low
TP2: Next lower support
Current bias: 🔴 Strong bearish
From this chart:
There was a major downward break after the earlier consolidation. Price is making Lower Highs + Lower Lows. The ABS area is near the recent low. Price is now pressing the Weak Low/support area.
🔴 SELL — Better setup
I would not chase SELL at the exact current low.
Wait for:
Price to bounce upward. Bounce reaches a nearby red supply/resistance zone. Bearish rejection appears. Then SELL on confirmation.
SL: Above the rejection/supply zone
TP1: Recent low
TP2: Next lower support