LYN's rise from 0.10007 to 0.15 has attracted attention. From a technical perspective, the 1-hour chart shows the price stabilizing above the main moving average, the MACD indicator is showing a bullish crossover near the zero line, and the RSI is in a healthy retracement state. This technical pattern usually indicates potential upward momentum after consolidation. The current price around 0.1209 is regarded by many traders as an important support zone. Such shakeout and consolidation are often part of the main force completing their chip restructuring; whether it can break through later still depends on volume confirmation. For short-term traders, the technical signals at this stage are worth monitoring.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
5
Repost
Share
Comment
0/400
BlockchainBrokenPromise
· 4h ago
Golden cross above the moving average, this combo looks pretty interesting, but the trading volume needs to keep up.
View OriginalReply0
SerumSquirter
· 01-08 00:53
The golden cross has appeared, but the volume hasn't kept up. This breakout is a bit risky.
View OriginalReply0
AirdropHuntress
· 01-08 00:47
The golden cross near the zero line... I've heard this explanation too many times. The key still depends on whether the trading volume cooperates. Can 0.1209 really hold up? I need to dig into the funding situation of this wave.
View OriginalReply0
hodl_therapist
· 01-08 00:38
Oh my, LYN's recent shakeout is really fierce. It's making my mindset collapse. But the golden cross + RSI pullback combo is indeed comfortable, just worried that the volume can't keep up...
View OriginalReply0
DegenRecoveryGroup
· 01-08 00:25
Hey, I saw the golden cross, but does the volume really match up? Feels like you're trying to take my money again.
LYN's rise from 0.10007 to 0.15 has attracted attention. From a technical perspective, the 1-hour chart shows the price stabilizing above the main moving average, the MACD indicator is showing a bullish crossover near the zero line, and the RSI is in a healthy retracement state. This technical pattern usually indicates potential upward momentum after consolidation. The current price around 0.1209 is regarded by many traders as an important support zone. Such shakeout and consolidation are often part of the main force completing their chip restructuring; whether it can break through later still depends on volume confirmation. For short-term traders, the technical signals at this stage are worth monitoring.