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LYN has recently experienced a clear change in its trend. From the daily chart, after reaching 0.2020, it started to turn downward, and the previous upward correction channel has been broken.
On the 4-hour chart, the situation is even clearer, with a continuous downward structure forming. The MACD has formed a death cross at high levels, indicating that the bearish momentum is gradually releasing. More importantly, during this decline, the volume has been steadily increasing, suggesting that funds are gradually withdrawing and no one is forcing a bottom.
From a macro perspective, the recent rally was mainly driven by short-term capital rotation. The current pullback actually looks more like a trend reversion to its main direction. Therefore, the current price can be gradually used to establish short positions, but don't be too greedy. Place your stop-loss above 0.18 to handle short-term rebounds.
As for target levels, first watch the 0.14 key support. If it breaks effectively, then look further down to the 0.12 range. The overall downward trend is already quite certain, so there's no need to rush into chasing orders. Take your time and manage the rhythm well.