LYN/USDT | Bullish Bounce or Fakeout? đ
$LYN is showing a classic "Buy the Dip" setup after a sharp rejection from the $0.3200 local top. We are currently sitting at a critical pivot point where the bulls are trying to reclaim control.
The Strategy: Long (Aggressive)
âą Entry Zone: $0.2980 â $0.3020
âą Stop Loss: $0.2910 (Below recent 24h low)
âą Target 1: $0.3120 (Immediate Resistance)
âą Target 2: $0.3200 (Local High Retest)
âą Target 3: $0.3350+ (Price Discovery)
Why this trade?
1. SAR Support: The Parabolic SAR has just flipped below the price at $0.2985, signaling the start of a new bullish leg.
2. Psychological Hold: The price is maintaining the $0.3000 level despite high volatility, showing strong buyer interest.
3. MACD Reset: The MACD histogram is looking to curve back toward the green. A bullish crossover here could trigger a massive squeeze.
Risk Management: Momentum is high. If we lose the $0.2950 support, the bullish thesis is invalidated. Use 3x-5x leverage for a safer ride.
Whoâs riding this bounce with me? Let me know your targets in the comments! đ
