LYN is currently quoted at 0.15078, just starting a bullish trend, with only 1 candlestick formed so far. From a technical perspective, the price is approaching the first resistance level at 0.15179, which is a key observation point.



Support levels are at 0.14607, 0.14341, and 0.13804; resistance levels above are at 0.15179, 0.15580, and 0.16068.

If the price can strongly break through the 0.15179 barrier, it can be seen as a signal of trend acceleration, with a subsequent opportunity to quickly test around 0.156. Bold traders may consider taking a position with a stop-loss to attempt this breakout.

However, it is important to note that the trend is just beginning, and the foundation is not yet solid. If the price stalls below 0.15179, be alert for a pullback to confirm by testing the trendline at 0.146. The dynamic stop-loss reference level is at 0.14607.
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
RugPullAlarmvip
· 01-08 00:27
What bullish trend are you talking about with just one candlestick? I checked LYN's on-chain address flow, and large investors have been continuously selling between 0.15-0.16. The concentration of funds is alarmingly high... Breakthrough 0.15179? Probably a sign of a breakdown, be careful of getting chopped up.
View OriginalReply0
FunGibleTomvip
· 01-07 01:12
Just after waking up, a K-line started to hype? I think it's a gamble; we need to wait until it breaks below 0.15179 to say.
View OriginalReply0
MindsetExpandervip
· 01-05 02:40
Starting to talk about a bullish trend after just 1 candlestick, the pace is a bit fast... Can this level of 0.15179 really be broken?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)