$LYN The bullish trend continues strongly! 🔥 Starting from 0.13512, the current price is 0.14217, maintaining the upward trend for 12 hours.
The current price is firmly above the dynamic support line at 0.12801, with a gap of up to 10%, indicating strong buying momentum. However, note that the price has retraced more than 5% from the high of 0.15020, with short-term volatility increasing.
In terms of operation, you can treat the latest trend line at 0.12801 as a key trailing stop-loss level. As long as it does not break below, the upward structure remains intact. The next target is the resistance at 0.15253.
Market status: The bullish trend continues, but caution is advised for short-term pullback risks. 🚦
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$LYN The bullish trend continues strongly! 🔥 Starting from 0.13512, the current price is 0.14217, maintaining the upward trend for 12 hours.
The current price is firmly above the dynamic support line at 0.12801, with a gap of up to 10%, indicating strong buying momentum. However, note that the price has retraced more than 5% from the high of 0.15020, with short-term volatility increasing.
In terms of operation, you can treat the latest trend line at 0.12801 as a key trailing stop-loss level. As long as it does not break below, the upward structure remains intact. The next target is the resistance at 0.15253.
Market status: The bullish trend continues, but caution is advised for short-term pullback risks. 🚦