LINK's $10.52 floor held again — the day's exact low, and it bounced to ~$10.72 instead of breaking.
Bias: LEANING LONG, but only just. The bounce is real, $361M traded in 24h, yet LINK still sits under every moving average, 7-day $11.15, 50-day $12.61. And futures traders are 65.4% long (Blockchain.News, 08:28 UTC) — crowded longs into today's US jobs report at 13:30 UTC, with $BTC pinned near $75,800, can flush fast.
Entry $10.52–$10.80. Targets $11.22 / $11.64 / $12.09. Stop below $10.41. Half out at TP1, a quarter each after, stop to entry at TP1.
If $10.52 breaks and the day closes under $10.41, I'm wrong — $9.81 next. If $11.22 reclaims, the squeeze side wakes up.
Your call: does $LINK hold $10.52 into the jobs number, or do the longs get flushed?
Not financial advice. DYOR.
#LINK #Chainlink #CryptoTrading
Bias: LEANING LONG, but only just. The bounce is real, $361M traded in 24h, yet LINK still sits under every moving average, 7-day $11.15, 50-day $12.61. And futures traders are 65.4% long (Blockchain.News, 08:28 UTC) — crowded longs into today's US jobs report at 13:30 UTC, with $BTC pinned near $75,800, can flush fast.
Entry $10.52–$10.80. Targets $11.22 / $11.64 / $12.09. Stop below $10.41. Half out at TP1, a quarter each after, stop to entry at TP1.
If $10.52 breaks and the day closes under $10.41, I'm wrong — $9.81 next. If $11.22 reclaims, the squeeze side wakes up.
Your call: does $LINK hold $10.52 into the jobs number, or do the longs get flushed?
Not financial advice. DYOR.
#LINK #Chainlink #CryptoTrading
