LYN has completely shifted its momentum since falling from the 0.20200 high. The 0.15590 level has now become a barrier, with a large number of retail investors trapped above it, and these floating losses have never been properly digested.
Looking at the 0.135 to 0.14 zone, it appears to be support on the surface, but in reality it's just fake support built up by retail investors buying the dip. Major institutional orders either don't come, or when they do, they smash the price. Those green candle gains? Exclusively small retail buying with no real weight behind them.
On the futures side, open interest keeps climbing, but here's what's interesting—whether measured by account count or position size, short positions consistently outweigh long positions. While open interest appears to be increasing, the long-to-short ratio is actually diverging. What does this mean? Major players are quietly adding short positions during this consolidation, showing no genuine optimism for a rebound. Technical indicators confirm this even more clearly: the 1-hour MACD has already crossed below, the 4-hour MACD green bars are narrowing but haven't formed a golden cross yet, and weak signals remain unresolved.
In the short term, the most likely scenario is repeated grinding within the 0.132 to 0.138 range, with the 24-hour low of 0.13281 blocking some dip-buying demand. But if this range is broken with volume, we're headed directly toward the previous consolidation zone at 0.12 to 0.125. Even if there's an occasional rebound touching 0.14 or 0.145, it won't escape the selling pressure from trapped investors at 0.15590. Without major institutional money stepping in to catch falling knives, any rally is nothing but a bull trap.
LYN has completely shifted its momentum since falling from the 0.20200 high. The 0.15590 level has now become a barrier, with a large number of retail investors trapped above it, and these floating losses have never been properly digested.
Looking at the 0.135 to 0.14 zone, it appears to be support on the surface, but in reality it's just fake support built up by retail investors buying the dip. Major institutional orders either don't come, or when they do, they smash the price. Those green candle gains? Exclusively small retail buying with no real weight behind them.
On the futures side, open interest keeps climbing, but here's what's interesting—whether measured by account count or position size, short positions consistently outweigh long positions. While open interest appears to be increasing, the long-to-short ratio is actually diverging. What does this mean? Major players are quietly adding short positions during this consolidation, showing no genuine optimism for a rebound. Technical indicators confirm this even more clearly: the 1-hour MACD has already crossed below, the 4-hour MACD green bars are narrowing but haven't formed a golden cross yet, and weak signals remain unresolved.
In the short term, the most likely scenario is repeated grinding within the 0.132 to 0.138 range, with the 24-hour low of 0.13281 blocking some dip-buying demand. But if this range is broken with volume, we're headed directly toward the previous consolidation zone at 0.12 to 0.125. Even if there's an occasional rebound touching 0.14 or 0.145, it won't escape the selling pressure from trapped investors at 0.15590. Without major institutional money stepping in to catch falling knives, any rally is nothing but a bull trap.