Market analysis: After a volume breakout with a bullish candle on the 4H chart, the price is consolidating strongly above 0.177. Key data reveals the main force's intent: Funding rate +0.03% remains in a healthy range, with no signs of extreme greed; open interest remains stable, indicating bulls have not exited; deep imbalance -13.46% with significant buy order thickness, showing strong support below.
Logical core: RSI(78.79) is in overbought territory, but combined with positive funding rate and stable OI, the possibility of main force distribution is ruled out. This is characteristic of a short squeeze market. Price remains above EMA20(0.1552), indicating an intact trend.
A pullback to the 0.177-0.179 range (above previous breakout and consolidation upper boundary) offers a low-risk entry opportunity. Stop loss set at 0.1708 (below previous high and dense trading zone), risk-reward ratio >2.0.
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【$LYN Signal】Long | Short squeeze continues, deep imbalance support
$LYN After volume breakout, consolidating at high levels, this is a healthy reset in a short squeeze market, not a top.
🎯Direction: Long
🎯Entry: 0.1770 - 0.1790
🛑Stop Loss: 0.1708 (Break below previous high support, rigid stop loss)
🚀Target 1: 0.1880
🚀Target 2: 0.1950
Market analysis: After a volume breakout with a bullish candle on the 4H chart, the price is consolidating strongly above 0.177. Key data reveals the main force's intent: Funding rate +0.03% remains in a healthy range, with no signs of extreme greed; open interest remains stable, indicating bulls have not exited; deep imbalance -13.46% with significant buy order thickness, showing strong support below.
Logical core: RSI(78.79) is in overbought territory, but combined with positive funding rate and stable OI, the possibility of main force distribution is ruled out. This is characteristic of a short squeeze market. Price remains above EMA20(0.1552), indicating an intact trend.
A pullback to the 0.177-0.179 range (above previous breakout and consolidation upper boundary) offers a low-risk entry opportunity. Stop loss set at 0.1708 (below previous high and dense trading zone), risk-reward ratio >2.0.
Trade here 👇 $LYN
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