Current rate $LYN — $0.07859. In the last 24 hours, the coin has shown an impressive increase of +24%, indicating a strong bullish momentum and influx of buyers. The RSI on the daily timeframe is 49.22 — an indicator in the neutral zone, with no signs of overbought conditions. This suggests that there is still room for further growth, especially if trading volumes continue to rise.
Analytics: LYN shows high volatility typical for altcoins in the accumulation phase of interest. After a recent pump, the coin is consolidating, but a breakout above $0.08 could pave the way to new highs. The overall crypto market is positive, which supports altcoins like LYN.
Outlook: In the bullish scenario, a rally is expected to continue to $0.10–0.12 in the coming weeks.
Trading Plan:
Bullish Scenario:
Entry: $LYN $0.078–0.080
TP: $0.10 (first), $0.12 (second)
SL: $0.075 (about 4% from entry)
Bearish Scenario (correction):
Entry on bounce: $LYN $0.07
TP: $0.085
SL: $0.066 (5% from entry)
Recommendations: Use no more than 1–2% of the deposit per trade! Move SL to breakeven when reaching +10–15%. Volatility is high — risk consciously.
What do you think? Share your forecasts in the comments! 👇
Subscribe to not miss quality analytics — this will give you an edge in the market and help make informed decisions. Plus, copy my copy-trading in the profile! 💪
