🚀 LYN/USDT: Takeoff and Growth Opportunity on 1H
On the hourly chart for LYNUSDT, a powerful upward impulse is observed. The price reached 0.10378 (+18.32%), demonstrating the strength of the bulls after a series of green candles. The volume is increasing, confirming buyer activity, but indicators signal possible overbought conditions.
🚨Indicators summary:
EMA(21) > EMA(50/99) – the upward trend persists
RSI(14): 68.87 – close to the overbought zone
Stochastic: 92.71 – confirms the strength of the upward impulse
📈 Trading plan
Scenario: Long
🎯Targets:
1️⃣ 0.1070 (+2.79%)
2️⃣ 0.1100 (+5.23%)
3️⃣ 0.1150 (+10.91%)
➡️Entry points:
Conservatively: 0.1030
Aggressively: 0.1050
⛔️Stop-loss: 0.1000 – capital protection in case of a possible correction.
⚡ Conclusion
The EMA lines and high price dynamics indicate continued growth. However, the RSI and stochastic remind of overbought risks – watch for correction. Plan your entry considering volatility and adjust positions as needed. Successful trading and a strong market leverage!
Trading 👉$LYN
