LYN/USDT has recently shown a fierce upward trend in the order book, which is indeed tempting. However, I still prefer to wait for a pullback to confirm the direction, as chasing high is the easiest way to get trapped.

From the 1-hour candlestick chart, the current situation looks good. RSI is at 66.4, MACD has already formed a golden cross and the histogram is expanding, indicating that the upward momentum is still present. The price is stuck around 0.17, with resistance at the previous high of 0.18 and support at 0.165.

My idea is this: wait until it truly breaks through the 0.171 resistance with increased volume, then follow up around 0.172. Set the stop loss below 0.165, controlling the risk per trade at about 0.007U, with a loss of roughly 4%.

The target is divided into two stages: the first target is 0.18, which yields a profit of 0.008U, about 4.7% increase; the second target is 0.19, bringing the profit to 0.018U, close to 10.5% return.

Currently, the biggest issue is that the trading volume is somewhat shrinking. Chasing directly could easily result in getting caught in a trap. Instead of rushing in and getting washed out, it's better to wait and see if it can really pick up volume. If it remains stagnant, observe; if volume starts to increase, it’s not too late to follow in.

Trading discipline is very important: always set a stop loss when entering, and if it cannot break through the previous high, exit decisively. Never fall in love with the market.