【$LYN Signal】Long | Short squeeze continues, deep imbalance support
After a volume breakout on the 4H timeframe, the price consolidates strongly above the previous high, forming a healthy reset.
🎯 Direction: Long
🎯 Entry: 0.1850 - 0.1870
🛑 Stop Loss: 0.1790 $LYN Rigid stop loss, below previous high support and EMA20(
🚀 Target 1: 0.1950
🚀 Target 2: 0.2050
Market analysis: The 4H RSI reaches as high as 80.14, but the funding rate is only 0.0484%, and open interest remains stable. This rules out the possibility of major players pushing the price up to dump, aligning more with a short squeeze characteristic. The depth imbalance is at 26.51%, with buy orders significantly thicker than sell orders, indicating strong support below.
Core logic: The price stays above EMA20 (0.1606), and the latest candlestick shows a buy ratio of 52%, indicating that buy pressure continues after the breakout. ATR is 0.0083, with a stop loss set at 0.1790, about 4.3% from the entry point. The risk-reward ratio for Target 1 is >1.5. The key resistance at 0.187 has turned into support. As long as the price consolidates above this level, the short squeeze trend is likely to continue.
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【$LYN Signal】Long | Short squeeze continues, deep imbalance support
After a volume breakout on the 4H timeframe, the price consolidates strongly above the previous high, forming a healthy reset.
🎯 Direction: Long
🎯 Entry: 0.1850 - 0.1870
🛑 Stop Loss: 0.1790 $LYN Rigid stop loss, below previous high support and EMA20(
🚀 Target 1: 0.1950
🚀 Target 2: 0.2050
Market analysis: The 4H RSI reaches as high as 80.14, but the funding rate is only 0.0484%, and open interest remains stable. This rules out the possibility of major players pushing the price up to dump, aligning more with a short squeeze characteristic. The depth imbalance is at 26.51%, with buy orders significantly thicker than sell orders, indicating strong support below.
Core logic: The price stays above EMA20 (0.1606), and the latest candlestick shows a buy ratio of 52%, indicating that buy pressure continues after the breakout. ATR is 0.0083, with a stop loss set at 0.1790, about 4.3% from the entry point. The risk-reward ratio for Target 1 is >1.5. The key resistance at 0.187 has turned into support. As long as the price consolidates above this level, the short squeeze trend is likely to continue.
Trade here 👇 )
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$LYN
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