$LINK - The bearish scenario seems to be strengthening (x20)
Honestly, the last 30-minute candle to close on $LINK recorded a volume 2.5 times higher than normal.
- A downtrend is still taking shape, and this massive candle is the reason.
- What stands out to me here is that real money showed up in this candle.
- The price is already in the 11.07 entry zone, and the stop is 1.6% from the entry, so a quick rebound could test it.
What would make you ignore this candle with 2.5 times the usual volume?
Setup:
Entry: 11.07–11.11
TP1: 10.91
TP2: 10.76
TP3: 10.62
SL: 11.27
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
Honestly, the last 30-minute candle to close on $LINK recorded a volume 2.5 times higher than normal.
- A downtrend is still taking shape, and this massive candle is the reason.
- What stands out to me here is that real money showed up in this candle.
- The price is already in the 11.07 entry zone, and the stop is 1.6% from the entry, so a quick rebound could test it.
What would make you ignore this candle with 2.5 times the usual volume?
Setup:
Entry: 11.07–11.11
TP1: 10.91
TP2: 10.76
TP3: 10.62
SL: 11.27
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
