đš $LINK â Reversal Loading or Bull Trap? đ
LINK just bounced from 8.00 support and buyers are stepping in, but the 99 MA is still above price, so the trend hasn't fully turned bullish yet.
đ Trade Setup đą Entry: 8.15â8.20
đŻ TP1: 8.30
đŻ TP2: 8.45
đŻ TP3: 8.60+
đ Stop Loss: 8.00
â ïž If 8.00 breaks, bears could push LINK toward 7.85â7.70. A breakout above 8.30 with strong volume would strengthen the bullish case.
đ„ My view: This is a high-risk recovery setup. Wait for confirmation instead of chasing candles.
Question for everyone: đ Will LINK reclaim $9 next, or is this just a temporary bounce? Comment LONG or SHORT! đ
#LINK #LINKUSDT #Chainlink #crypto #BinanceSquare
LINK just bounced from 8.00 support and buyers are stepping in, but the 99 MA is still above price, so the trend hasn't fully turned bullish yet.
đ Trade Setup đą Entry: 8.15â8.20
đŻ TP1: 8.30
đŻ TP2: 8.45
đŻ TP3: 8.60+
đ Stop Loss: 8.00
â ïž If 8.00 breaks, bears could push LINK toward 7.85â7.70. A breakout above 8.30 with strong volume would strengthen the bullish case.
đ„ My view: This is a high-risk recovery setup. Wait for confirmation instead of chasing candles.
Question for everyone: đ Will LINK reclaim $9 next, or is this just a temporary bounce? Comment LONG or SHORT! đ
#LINK #LINKUSDT #Chainlink #crypto #BinanceSquare
