LYN's recent market movement is definitely worth paying attention to. From 0.08379 to 0.17449, the increase more than doubled. The current pullback is actually a very normal profit-taking process.
From a capital perspective, it's very clear that large investors' short positions are continuously increasing, and active sell orders are also adding up. This indicates that the bears are starting to gather strength. Looking at the candlestick patterns, the price around 0.17 faced strong resistance—multiple attempts to break through failed, and instead, long upper shadows appeared repeatedly. This is a typical signal of "bulls losing momentum, bears preparing a big move."
Now, the price has fallen to around 0.162. The key is whether it can hold the 0.16 support level. If this support is broken, the next target could be at least 0.15, and it might even continue down to the previous low of 0.14.
From an operational standpoint, now is a good time to set up short positions. Placing a stop-loss above 0.165 is more prudent. Once it breaks below 0.16, the downside could be at least 15-20%. After a sharp rise, a correction usually has significant momentum. If caught correctly, the profit potential is quite considerable.
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Web3Educator
· 7h ago
nah mate, the 0.16 support thesis is interesting but... let me break this down for my students who keep asking about reversal patterns — this screaming sell pressure you're describing? that's literally textbook capitulation setup, except nobody's talking about the macro catalysts that could flip this overnight.
Reply0
DefiEngineerJack
· 7h ago
well, *actually* if you parse the order flow mechanics here, those long wicks are just noise — show me the on-chain data or it's just vibes trading tbh
Reply0
DeFiGrayling
· 7h ago
0.16 if you can't hold it, this wave really will cost you some noodles...
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SocialAnxietyStaker
· 7h ago
Still daring to short after doubling? I really don't understand.
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SelfRugger
· 7h ago
0.16 if we can't hold it, let's just go directly to 0.14, anyway the bears have been building momentum for so long.
LYN's recent market movement is definitely worth paying attention to. From 0.08379 to 0.17449, the increase more than doubled. The current pullback is actually a very normal profit-taking process.
From a capital perspective, it's very clear that large investors' short positions are continuously increasing, and active sell orders are also adding up. This indicates that the bears are starting to gather strength. Looking at the candlestick patterns, the price around 0.17 faced strong resistance—multiple attempts to break through failed, and instead, long upper shadows appeared repeatedly. This is a typical signal of "bulls losing momentum, bears preparing a big move."
Now, the price has fallen to around 0.162. The key is whether it can hold the 0.16 support level. If this support is broken, the next target could be at least 0.15, and it might even continue down to the previous low of 0.14.
From an operational standpoint, now is a good time to set up short positions. Placing a stop-loss above 0.165 is more prudent. Once it breaks below 0.16, the downside could be at least 15-20%. After a sharp rise, a correction usually has significant momentum. If caught correctly, the profit potential is quite considerable.