The technical rebound of $LYN around $0.020 is forcing the market to define its next move.
After bottoming out at $0.012 and seeking some breathing room after rejection near $0.023, volume is holding around $7.08M USDT. The interesting part here is the KDJ: the J line plunged to 25.42, leaving a clear oversold squeeze just as the price is looking to consolidate support. But we already know that jumping in blindly without seeing significant institutional orders is taking too much risk.
Do you see this support as a springboard to seek liquidity above, or are you waiting for a cleaner correction?
After bottoming out at $0.012 and seeking some breathing room after rejection near $0.023, volume is holding around $7.08M USDT. The interesting part here is the KDJ: the J line plunged to 25.42, leaving a clear oversold squeeze just as the price is looking to consolidate support. But we already know that jumping in blindly without seeing significant institutional orders is taking too much risk.
Do you see this support as a springboard to seek liquidity above, or are you waiting for a cleaner correction?
