Quick take on LINK: good move, but risk comes first.
13.33 · 10.87% 24h · Vol 42M USDT.
LINK was flagged by the scanner because of unusual volume/move, not as a buy call.
I don’t want to read one candle as the whole story. I’m not assigning a narrative too early; for now I’m only watching volume, price area, and the reaction after the move. +10.87% suggests money is flowing in. I want to see how price handles 13.33: a clean break is different from a touch and then a sell-off.
If I follow it, I’ll wait for a reaction around 11.97 or a cleaner reclaim of 13.33.
Bullish or waiting?
#LINK #RiskManagement #Trading
13.33 · 10.87% 24h · Vol 42M USDT.
LINK was flagged by the scanner because of unusual volume/move, not as a buy call.
I don’t want to read one candle as the whole story. I’m not assigning a narrative too early; for now I’m only watching volume, price area, and the reaction after the move. +10.87% suggests money is flowing in. I want to see how price handles 13.33: a clean break is different from a touch and then a sell-off.
If I follow it, I’ll wait for a reaction around 11.97 or a cleaner reclaim of 13.33.
Bullish or waiting?
#LINK #RiskManagement #Trading