$LYN – Long Liquidation Alert
Liquidation: $2.7026K at $0.06028
Market Insight:
LYN saw a notable long squeeze, reflecting selling momentum. Short-term indicators suggest oversold conditions are approaching, but caution is needed.
Next Move:
TG1: $0.058 – Immediate support, first bounce zone
TG2: $0.055 – Strong support area, potential buy zone
TG3: $0.050 – Critical accumulation level
Trading Strategy:
Monitor for price stabilization above $0.058 before considering entries
Aggressive traders may look for dips toward TG2 with tight stop-loss
LYNUSDT
Perp
0.05892
-15.61%