$LINK 10.855 Recovered for an hour, but the average remains a hurdle
The completed hourly candle closed at 10.869, up from 10.787. The average closing price of nearly 20 completed hourly candles is 10.8711. The close is very near the average, but still below it, and has since pulled back slightly.
I’m classifying the move as an upward test, not a confirmed recovery. Trading volume is only 0.75 times the average of the previous 6 hours. If subsequent closes continue to be capped by the average, this recovery won’t be upgraded.
Data time: 2026-11-07 14:17 UTC+8. Spot market observation, not an execution plan.
The completed hourly candle closed at 10.869, up from 10.787. The average closing price of nearly 20 completed hourly candles is 10.8711. The close is very near the average, but still below it, and has since pulled back slightly.
I’m classifying the move as an upward test, not a confirmed recovery. Trading volume is only 0.75 times the average of the previous 6 hours. If subsequent closes continue to be capped by the average, this recovery won’t be upgraded.
Data time: 2026-11-07 14:17 UTC+8. Spot market observation, not an execution plan.