【$LYN Signal】Long | Healthy Pullback After Short Squeeze Initiation

$LYN After breaking out with increased volume on the 4-hour timeframe, the price is consolidating above the previous high resistance turned support. Although RSI( is at 77) and in overbought territory, the funding rate(+0.0316%) remains moderate, open interest is stable, and deep buy orders(Bids) are significantly thicker than sell orders(Asks), indicating that after the short squeeze started, the main players are still supporting the price and accumulating rather than distributing.

🎯Direction: Long

🎯Entry: 0.1700 - 0.1730

🛑Stop Loss: 0.1585 (Break below previous high support and EMA20, invalidating the logic)

🚀Target 1: 0.1850

🚀Target 2: 0.2000

Hardcore Logic: After volume breakout above the previous high of 0.159, the resistance turns into a key support. Currently consolidating above the breakout level, with buy order depth(+12.26%) unbalanced, and the price firmly above EMA20(0.1446), which is a typical strong trend continuation pattern. RSI is overbought but shows no divergence, and the funding rate is not at extreme levels, so the short squeeze momentum remains. Set stop loss below the breakout candle’s low, with a risk-reward ratio >2.5.

Trade here 👇 $LYN

---

Follow me: Get more real-time analysis and insights on the crypto market!