$LINK : Higher Low Structure Confirmed: Long Entry Level Reached
LONG SETUP LINK
Entry: $13.3000 - $13.3500
Stop Loss: $12.7920
Take Profit: $14.3910 (2R)
Key Levels: Support $13.2850 | Resistance $13.8150
Technical Analysis for $LINK : RSI at 32.6 and Stochastic K/D around 17 signal oversold conditions, suggesting a potential bounce. Price sits just above the 1hour support 13.285 and below the tight resistance 13.406. MACD remains negative, warning the downtrend could resume. Watch for a clear break above 13.406 to confirm upside; a fall through 13.285 would invalidate the long.
Market Context: BTC is down 4 % on the day, with a mixed 4hour trend and broadly negative market breadth, indicating overall bearish sentiment.
LONG $LINK
LONG SETUP LINK
Entry: $13.3000 - $13.3500
Stop Loss: $12.7920
Take Profit: $14.3910 (2R)
Key Levels: Support $13.2850 | Resistance $13.8150
Technical Analysis for $LINK : RSI at 32.6 and Stochastic K/D around 17 signal oversold conditions, suggesting a potential bounce. Price sits just above the 1hour support 13.285 and below the tight resistance 13.406. MACD remains negative, warning the downtrend could resume. Watch for a clear break above 13.406 to confirm upside; a fall through 13.285 would invalidate the long.
Market Context: BTC is down 4 % on the day, with a mixed 4hour trend and broadly negative market breadth, indicating overall bearish sentiment.
LONG $LINK
