$LYN Short Observation -50.29% – A Plunge
A massive bearish candlestick directly cuts down, breaking through all moving average support. EMA(9/15/200) shows a bearish arrangement, a typical crash trend.
Key Positions
· Resistance: 0.170 - 0.190 (the moving average suppression area that was broken)
· Support: 0.125 (previous low) / 0.100
Trading Plan
· Entry: 0.165 - 0.180 area (rebound test resistance)
· Stop Loss: above 0.205 (back above EMA9)
· Take Profit: 0.140 / 0.115
A sharp drop with huge volume, funds fleeing at any cost. This kind of trend should not attempt to catch a falling knife; wait for a rebound to the resistance level and then observe shorting opportunities.
⚠️ Strong Risk Warning: This analysis is only for technical illustration. The asset is in a clear downtrend of a crash, liquidity may be exhausted, and the price is at significant risk of approaching zero. Ordinary investors should firmly avoid.
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