$LINK #LINK
Chainlink is up 4.18 percent at 11.50 dollars while most majors are flat or down. Is that strength, or is that a trap? That is the question that matters, not the green candle itself.
LINK is trading in a 24 hour range of 10.91 to 11.72 dollars, from fresh CoinGecko data on 31 October 2026. Bitcoin is at 77,412 dollars, Ethereum at 2,245 dollars. My opinion is that a 4 percent jump in a fearful market can be real buying, or it can be a short squeeze that fades as soon as Bitcoin stalls. The difference is what happens at 11.72 dollars. A hold above it with volume would tell me buyers are serious. A rejection there would tell me this was a fade setup, which is why my earlier short zone was 11.50 to 11.70 dollars. I am not chasing green candles in a hack week, I am waiting for the level to confirm.
Image source: Unsplash NFT gallery photo, edited by MW Trader with dark overlay, coin name and caption.
Do you think LINK breaks 11.72 dollars first, or fades below 11.20 dollars? Give me your level below.
Follow for more trades
#Chainlink #Crypto #FuturesTrading #TradingSignals
Chainlink is up 4.18 percent at 11.50 dollars while most majors are flat or down. Is that strength, or is that a trap? That is the question that matters, not the green candle itself.
LINK is trading in a 24 hour range of 10.91 to 11.72 dollars, from fresh CoinGecko data on 31 October 2026. Bitcoin is at 77,412 dollars, Ethereum at 2,245 dollars. My opinion is that a 4 percent jump in a fearful market can be real buying, or it can be a short squeeze that fades as soon as Bitcoin stalls. The difference is what happens at 11.72 dollars. A hold above it with volume would tell me buyers are serious. A rejection there would tell me this was a fade setup, which is why my earlier short zone was 11.50 to 11.70 dollars. I am not chasing green candles in a hack week, I am waiting for the level to confirm.
Image source: Unsplash NFT gallery photo, edited by MW Trader with dark overlay, coin name and caption.
Do you think LINK breaks 11.72 dollars first, or fades below 11.20 dollars? Give me your level below.
Follow for more trades
#Chainlink #Crypto #FuturesTrading #TradingSignals
