🚀 Quick analysis and update for coin $LYN on the one-minute timeframe! 📈
The coin is trading sideways after the strong rally that reached a high of 0.02199, with attempts to form a new rebound base.
🔹 Current price: 0.02069
🔹 Key levels:
Nearby support: 0.02061 (MA25 level)
Immediate resistance: 0.02074 - 0.02079 (MA7 and MA99 zone)
Upcoming targets: A return to the 0.02130 level, then the previous high at 0.02199, if it manages to break through resistance.
💡 Trading outlook:
Holding above the current support zone gives positive signals for potential accumulation and the start of a new short-term upward move. Always make sure to manage risk and set a stop-loss! 🛡️
#BinanceSquare #CryptoTrading #LYNUSDT #TechnicalAnalysis #Scalping $LYN
The coin is trading sideways after the strong rally that reached a high of 0.02199, with attempts to form a new rebound base.
🔹 Current price: 0.02069
🔹 Key levels:
Nearby support: 0.02061 (MA25 level)
Immediate resistance: 0.02074 - 0.02079 (MA7 and MA99 zone)
Upcoming targets: A return to the 0.02130 level, then the previous high at 0.02199, if it manages to break through resistance.
💡 Trading outlook:
Holding above the current support zone gives positive signals for potential accumulation and the start of a new short-term upward move. Always make sure to manage risk and set a stop-loss! 🛡️
#BinanceSquare #CryptoTrading #LYNUSDT #TechnicalAnalysis #Scalping $LYN
