$LINK acceleration returns to zero; the 4-hour trendline has already collapsed. This rebound is handing the no-longer-hesitating longs a rope. The spot large order has a net inflow of 8,255 units over the last 15 minutes, but on the order book the best bid/ask shows 6,523 units of sell orders hanging there that the buy side can’t take—buy liquidity is as thin as paper. Don’t fool yourself with those three bullish candles on the 1-hour chart. The daily chart has already cut away 4.81%, and the meager 7-day gains have long been eaten up. Short at 12.35. First target 10.61, second target 10.20. Stop loss 13.31. If wrong, admit the mistake and cut; if right, hold on.
