$LYN Strategic Short: The Distribution Phase
The "Air Force" (shorters) is mobilizing. After a parabolic move, $LYN is forming a series of rising bottoms that are beginning to lose strength. We are sniping the rejection at the resistance ceiling to ride the mean-reversion move.
Entry Zone: $0.285 – $0.295 (Current Resistance)
Target 1: $0.240 (Immediate Support Re-test)
Target 2: $0.180 (Major Fibonacci Level)
Target 3: $0.145 (Macro Demand Zone)
Stop Loss: $0.340 (Above the recent impulse high)
Trade Logic:
The MACD on the 1H chart has crossed down, and the "bearish structure" is slowly taking over. Unlike previous bounces, the recovery is becoming choppy. We are opening a small position here, with secondary entries reserved for $0.30 and $0.35 if the market attempts one final "liquidity grab" before the actual dump.
#LYN #EverlynAI #TalhaSniper #BinanceSquare #smartmoney
