LYN Short-Term Technical Overview



The current price is at 0.13631, down 7.47% from the start of the bearish trend. The downtrend is still ongoing, with 24 consecutive candlesticks.

Key technical parameters are as follows:
Support levels are at 0.13551 and 0.13544 (previous lows)
Resistance levels are at 0.13804, 0.14465 (trendline), and 0.14921
Dynamic stop-loss is set at 0.14465

From a trading perspective, the price is now deeply in a bearish trend, fluctuating close to the support line. If there is a rebound opportunity, as long as the rebound remains below 0.14465 and faces resistance, this could be a good entry point for aggressive short positions.

Risks to watch out for: If the support at 0.1355 is broken, bulls may seize the opportunity to rebound. Additionally, the current price is still quite far from the stop-loss line, so be alert to when the downward momentum might weaken, which is an important reference for identifying a reversal.
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HappyMinerUnclevip
· 01-07 13:32
0.1355, this critical support level, must be firmly defended; otherwise, a bullish rebound could become problematic.
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ZKProofEnthusiastvip
· 01-06 11:55
It's another continuation of the downtrend, 24 K-lines already... Feeling a bit uncertain. If the 0.1355 level doesn't hold, be really cautious of a bullish rebound.
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DaisyUnicornvip
· 01-06 11:43
Oh no, it's another story about support levels. This little flower is pressed too tightly... Wait, 24 consecutive K-lines falling, this momentum seems to be putting on a show of "The Art of Persistence." If the 0.1355 line really breaks, bullish friends need to be careful, as the rebound could come back faster than a unicorn running. Honestly, this stop-loss distance is a bit too loose. What I fear most is when the momentum suddenly stalls... From experience, the worst thing isn't a sharp drop, but not knowing when to take profits.
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PseudoIntellectualvip
· 01-06 11:36
If the 0.1355 level cannot hold, the bulls are really about to launch a counterattack. Be careful.
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APY_Chaservip
· 01-06 11:35
The short position has been ongoing for 24 consecutive times. Can this 0.1355 really hold... Feels like a rebound to 0.14465 will be the end.
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