$LYN experienced approximately $9.95K in long liquidations at $0.02031, showing that leveraged buyers faced downside pressure. This highlights vulnerability among long positions, while sellers could maintain control if price struggles to reclaim nearby resistance.
Support: $0.01950 – $0.01980
Resistance: $0.02080 – $0.02130
Next Target: $0.01880 – $0.01830
If sellers continue defending resistance, another downside liquidity move remains possible. A reclaim of resistance would challenge the bearish setup.
Stay sharp $LYN 📉