$LYN — Dead cat bounce playing out. This thing already failed at 0.0918. Next stop could be 0.055.

Short $LYN

Entry: 0.0685 – 0.0700

SL: 0.0760

TP1: 0.0630

TP2: 0.0580

TP3: 0.0520

Price popped to 0.0918 but got rejected hard and has been making lower highs ever since. Each bounce is weaker — less volume, less follow-through. It's now grinding under resistance at 0.070 with sellers consistently stepping in. That pattern of fading bounces rarely ends well for longs.

Trade $LYN here 👇

LYNUSDT

Perp

0.06949

-21.62%