$LINK Long Trade Idea
Over the last 24 hours, price dropped 1.4% while Open Interest fell 9.0%. As long as support around 12.9 holds, we could see a push up toward 13.0 and 13.1. However, a breakdown below 12.7 invalidates the setup and opens the door for further downside.
Key Drivers:
Macro Trend: The daily chart remains above the 200 EMA (10.6), keeping the broader uptrend intact.
Risk/Reward: Risking 1.1% to the stop-loss against a 1.8% gain to TP3 (~1.6 R:R).
Market Tailwinds: BTC’s short-term bullish momentum provides solid market support.
🟢 LONG | Entry: 12.87–12.89 | TP: 12.97 / 13.02 / 13.11 | SL: 12.74
Will support hold, or are we heading lower?
NFA · DYOR
$LINK
$LTC
#SolanaPlansToCutBlockTimesTo200ms #IMFSaysTokenizedMarketsSmall
Over the last 24 hours, price dropped 1.4% while Open Interest fell 9.0%. As long as support around 12.9 holds, we could see a push up toward 13.0 and 13.1. However, a breakdown below 12.7 invalidates the setup and opens the door for further downside.
Key Drivers:
Macro Trend: The daily chart remains above the 200 EMA (10.6), keeping the broader uptrend intact.
Risk/Reward: Risking 1.1% to the stop-loss against a 1.8% gain to TP3 (~1.6 R:R).
Market Tailwinds: BTC’s short-term bullish momentum provides solid market support.
🟢 LONG | Entry: 12.87–12.89 | TP: 12.97 / 13.02 / 13.11 | SL: 12.74
Will support hold, or are we heading lower?
NFA · DYOR
$LINK
$LTC
#SolanaPlansToCutBlockTimesTo200ms #IMFSaysTokenizedMarketsSmall