Quick take on LINK: good move, but risk comes first.
11.67 · 10.97% 24h · Vol 45M USDT.
LINK was put on the radar by the scanner because of unusual volume/movement, not as a call to buy.
I don’t want to read one candle as the whole story. I haven’t assigned a narrative too early; for now, I’m just watching volume, price levels, and the reaction after the move. Money is choosing LINK to run +10.97% today. The next question: reclaim 11.75, or get rejected and form a small pullback first?
If you’re following it, I’d wait for a reaction around 10.42 or a cleaner reclaim of 11.75.
Bullish or waiting?
#LINK #RiskManagement #Trading
11.67 · 10.97% 24h · Vol 45M USDT.
LINK was put on the radar by the scanner because of unusual volume/movement, not as a call to buy.
I don’t want to read one candle as the whole story. I haven’t assigned a narrative too early; for now, I’m just watching volume, price levels, and the reaction after the move. Money is choosing LINK to run +10.97% today. The next question: reclaim 11.75, or get rejected and form a small pullback first?
If you’re following it, I’d wait for a reaction around 10.42 or a cleaner reclaim of 11.75.
Bullish or waiting?
#LINK #RiskManagement #Trading