$LYN just experienced a long liquidation of $2.5856K at $0.23505. This shows that many traders were expecting the price to rise, but a sudden drop forced their long positions to close. When this happens, it often creates short-term selling pressure and fear in the market. Weak hands exit, and strong buyers wait for better levels.
Now the key support zone to watch is around $0.215–$0.225. If price stabilizes there with steady volume, it could become a possible buy area. If momentum returns, first target may be $0.255, and the next resistance could be near $0.280. A safe stop loss can be placed below $0.205 to manage risk. Always trade carefully and protect your capital.