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$LYN short setup — next target 0.01813



Entry: 0.01909
SL: 0.02085

TP1: 0.01850
TP2: 0.01813
TP3: 0.01720
Extended Target: 0.01560

$LYN surged over 34% in 24 hours, but sellers are now stepping in after a sharp rejection from 0.02239. The 1H chart shows consecutive bearish candles, suggesting profit-taking and weakening short-term momentum.

If price fails to reclaim 0.02000, further downside toward 0.01813 becomes possible. A confirmed breakdown below that support could extend the correction toward 0.01720–0.01560.

Invalidation: A sustained move above 0.02085 would weaken the bearish setup. Watch for confirmation near entry and avoid chasing the breakdown.
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LYNLYN-0.44%

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ForkMoment
2 hours ago
The risk/reward on this trade is fine; just keep a close eye on the 1H candle close and don't get fooled by a fake breakout
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ybaser
2 hours ago
Can BTC reclaim $80K? 🤔
0
ybaser
2 hours ago
Interesting angle 💡
0
ybaser
2 hours ago
Keep us posted 🍿
0
DaoSideQuest
2 hours ago
TP2 0.01813 looks like key support; if it breaks, the decline will likely accelerate
0View Original
ArbitrumRaider
3 hours ago
It just surged 34% and you’re already shorting? Bold. Wait for confirmation that it can’t break above 0.02000, then follow
0View Original
ChequeVoid
3 hours ago
First Review
The 0.02085 stop-loss is set pretty conservatively. If it gets swept, the bears really have no chance
0View Original