$LYN This short-term surge has been far too aggressive, shooting straight up and pushing the RSI indicator to an extremely overbought level of 92. After massive volume appeared at the highs, there are clear signs that the rally is losing momentum. After this emotionally driven short squeeze, profit-taking could pour in at any moment and trigger a stampede. It’s not advisable to blindly chase the price higher in the short term; you could try a technical pullback with a small position!

Entry: 0.02139
Stop loss: 0.02280
Take profit: 0.01820

$LYN - Short

Enter the trade below 👇