$LYN Sharp breakdown followed by continued lower highs and sustained selling pressure. Price remains below key moving averages, indicating bearish market structure.
Trading Plan Short
Entry: 0.160 – 0.166
SL: 0.178
TP: 0.150
TP: 0.138
TP: 0.125
The strong rejection from the previous high triggered aggressive downside momentum, and the market continues forming lower highs. Current price action shows weak recovery attempts while sellers maintain control. If the structure remains intact, further downside toward lower support zones remains possible.
LYNUSDT
Perp
0.07085
-14.40%