$LYN has been slowly losing strength after failing to hold the recent bounce.
What stands out to me is how every recovery attempt is getting weaker while price keeps trading below the major EMAs. That usually signals sellers still control momentum.
Current setup:
Entry: 0.0600
SL: 0.0675
TP: 0.0450
The 0.06 area is acting more like temporary support than real bullish structure right now. If that level gives way cleanly, downside liquidity toward 0.045 could open up fast.
Would stay cautious with longs here until the chart starts reclaiming higher timeframe resistance again.
What stands out to me is how every recovery attempt is getting weaker while price keeps trading below the major EMAs. That usually signals sellers still control momentum.
Current setup:
Entry: 0.0600
SL: 0.0675
TP: 0.0450
The 0.06 area is acting more like temporary support than real bullish structure right now. If that level gives way cleanly, downside liquidity toward 0.045 could open up fast.
Would stay cautious with longs here until the chart starts reclaiming higher timeframe resistance again.