LINK is showing signs of institutional accumulation near support. This setup targets a continuation move following recent whale activity.
$LINK
Bias:
Bullish structure supported by expanding open interest.
Trade Plan
Entry: 8.388
SL: 8.32088
TP: 8.48868
Market Evidence:
• 2 large whale buy prints detected.
• Open Interest expanding (+3.19%).
• Orderflow shows Taker BUY dominance.
Risk:
• Elevated long/short ratio (1.51) increases the likelihood of a shakeout before the move.
Watch:
Monitor the 8.479 ask wall; clearing this level is essential for momentum.
I'll update this setup if market conditions evolve.
#LINK #Crypto #Trading
$LINK
Bias:
Bullish structure supported by expanding open interest.
Trade Plan
Entry: 8.388
SL: 8.32088
TP: 8.48868
Market Evidence:
• 2 large whale buy prints detected.
• Open Interest expanding (+3.19%).
• Orderflow shows Taker BUY dominance.
Risk:
• Elevated long/short ratio (1.51) increases the likelihood of a shakeout before the move.
Watch:
Monitor the 8.479 ask wall; clearing this level is essential for momentum.
I'll update this setup if market conditions evolve.
#LINK #Crypto #Trading