🔷 $LINK : longs are exiting, entries from fuel and cluster
📋 Technical picture (price 10.78):
• Long fuel from below: 10.0-10.5, then 9.7-10.0; short fuel: 10.9-11.2 and 11.5-11.85
• RSI 4h 17.7: deeply oversold; 4h high 10.767 — the edge where price is standing
• CVD −124M with falling OI: long positions are unwinding, not shorts being opened
🧠 My idea: LINK’s pullback is unwinding—not an attack. Open interest is melting with negative CVD, meaning the “shoulder” longs are exiting, and new shorts aren’t being added. So oversoldness isn’t a signal yet: the unwind ends where the fuel gets ignited—the cluster 10.0-10.5. The “banking” story didn’t turn into a flow: perps are being sold. Therefore entries: long from the fuel, short from the MA cluster.
🎣 Our entry levels:
🟢 Long: 10.05-10.50, take profit 10.9-11.2/11.5-11.85, stop 9.65
• Aggressive: close above 11.2 → take profit 11.5-11.85/12.2, stop 10.7
🔴 Short: 11.4-11.6, take profit 10.8/10.4, stop 11.95
• Breakout: close below 10.767 → short toward 10.1-10.4, stop 11.0
• Today 20:00-22:30 MSK (FOMC): no positions
⚠️ Hawkish FOMC ignites the fuel 10.0-10.5: long after the cascade.
❓ What comes first: fuel 10.0-10.5 or cluster 11.5? 👇
#LINK
📋 Technical picture (price 10.78):
• Long fuel from below: 10.0-10.5, then 9.7-10.0; short fuel: 10.9-11.2 and 11.5-11.85
• RSI 4h 17.7: deeply oversold; 4h high 10.767 — the edge where price is standing
• CVD −124M with falling OI: long positions are unwinding, not shorts being opened
🧠 My idea: LINK’s pullback is unwinding—not an attack. Open interest is melting with negative CVD, meaning the “shoulder” longs are exiting, and new shorts aren’t being added. So oversoldness isn’t a signal yet: the unwind ends where the fuel gets ignited—the cluster 10.0-10.5. The “banking” story didn’t turn into a flow: perps are being sold. Therefore entries: long from the fuel, short from the MA cluster.
🎣 Our entry levels:
🟢 Long: 10.05-10.50, take profit 10.9-11.2/11.5-11.85, stop 9.65
• Aggressive: close above 11.2 → take profit 11.5-11.85/12.2, stop 10.7
🔴 Short: 11.4-11.6, take profit 10.8/10.4, stop 11.95
• Breakout: close below 10.767 → short toward 10.1-10.4, stop 11.0
• Today 20:00-22:30 MSK (FOMC): no positions
⚠️ Hawkish FOMC ignites the fuel 10.0-10.5: long after the cascade.
❓ What comes first: fuel 10.0-10.5 or cluster 11.5? 👇
#LINK
