LYN has been quite interesting these days, currently consolidating around 0.1220 USDT. Looking at the last 10 fifteen-minute K-lines, the market is in a high-volatility rhythm, with an average range of 2.68%, and at its peak, even exceeding 6%.
The key is that the 4th and 6th candles show strong volume surges with bullish signals, with trading volume significantly increasing. This indicates that funds are seriously entering, likely serving as the main driver for a short-term rally. From the overall cycle perspective, the price has formed a consolidation zone around 0.12, with recent candles showing high real-body proportions and narrowing volatility. Bulls and bears are fiercely battling here. If trading volume continues to rise, another upward push is promising.
How to operate in the short term? First, breaking through 0.1230 can be a light position to try long positions, targeting the 0.1260-0.1280 range. Second, be cautious if it falls below 0.1200, as support is around 0.1180. Third, in this high-volatility market, always set stop-losses; it is recommended to set them at about 1.5% above and below the entry price.
Market sentiment is active, but don’t forget the risk of false signals. The key is to closely monitor changes in trading volume; only when volume and price rise together is a true breakout confirmed.
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GasFeeBarbecue
· 7h ago
Price and volume rising together is more reliable. This spike is really fierce, but it's better to be cautious.
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BridgeNomad
· 7h ago
volume's gotta hold or this whole thing smells like another rug setup waiting to happen ngl... seen this pattern too many times on wonky bridges that collapsed mid-pump
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JustHereForMemes
· 7h ago
The phrase "rising in both price and volume" is indeed true, but the way they hit the pin is quite fierce. We need to hold onto the support at 0.1180.
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ChainDoctor
· 7h ago
As long as the volume keeps up, there's a chance; if not, it's a false breakout. I've seen this trick too many times.
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WagmiOrRekt
· 7h ago
The trading volume can't keep up with this wave; it's just a false alarm, an old trick.
LYN has been quite interesting these days, currently consolidating around 0.1220 USDT. Looking at the last 10 fifteen-minute K-lines, the market is in a high-volatility rhythm, with an average range of 2.68%, and at its peak, even exceeding 6%.
The key is that the 4th and 6th candles show strong volume surges with bullish signals, with trading volume significantly increasing. This indicates that funds are seriously entering, likely serving as the main driver for a short-term rally. From the overall cycle perspective, the price has formed a consolidation zone around 0.12, with recent candles showing high real-body proportions and narrowing volatility. Bulls and bears are fiercely battling here. If trading volume continues to rise, another upward push is promising.
How to operate in the short term? First, breaking through 0.1230 can be a light position to try long positions, targeting the 0.1260-0.1280 range. Second, be cautious if it falls below 0.1200, as support is around 0.1180. Third, in this high-volatility market, always set stop-losses; it is recommended to set them at about 1.5% above and below the entry price.
Market sentiment is active, but don’t forget the risk of false signals. The key is to closely monitor changes in trading volume; only when volume and price rise together is a true breakout confirmed.