🚨 $LINK BROKE THE H1 RANGE—BUT THE CLEAN TRADE IS THE RETEST, NOT THE CHASE.
LINKUSDT USD-M Futures closed its latest H1 candle at $15.271 (28 Sep, 22:59 UTC).
Three reasons bulls have the edge:
1️⃣ Price swept the $13.583 low at $13.521, then reversed with bullish displacement.
2️⃣ LINK closed above the $14.499 range high and later confirmed a second H1 BOS above $15.02.
3️⃣ The first breakout candle traded 6.54M LINK—about 8.66× its preceding 20-hour average. Price later tested $14.92 and reclaimed $15.02, but recent volume has cooled.
Wyckoff: the $13.521 sweep may be a candidate Spring, followed by a developing SOS; confirmation still depends on holding the retest. SMC: bullish BOS above $15.02 leaves $15.483 as the nearest weak high. The $14.92–$15.02 band is the preferred demand/retest zone.
🟢 CONDITIONAL LONG
Trigger: H1 close above $15.02 (met).
Entry: $14.92–$15.02 only if a fresh retest holds and buyers respond.
SL: $14.70
TP1: $15.483 (1.9R)
TP2: $16.00 (3.8R)
R:R uses the $14.97 entry midpoint. Invalidation: H1 close below $14.70.
STATUS: BULLISH BIAS — NO ENTRY YET. Price is already above the entry zone, so do not long the green candle. If LINK never gives a clean retest, let it go.
Will buyers defend $15.02 when volume returns?
$LINK #Wyckoff #SMC
Paper analysis only. Not financial advice.
LINKUSDT USD-M Futures closed its latest H1 candle at $15.271 (28 Sep, 22:59 UTC).
Three reasons bulls have the edge:
1️⃣ Price swept the $13.583 low at $13.521, then reversed with bullish displacement.
2️⃣ LINK closed above the $14.499 range high and later confirmed a second H1 BOS above $15.02.
3️⃣ The first breakout candle traded 6.54M LINK—about 8.66× its preceding 20-hour average. Price later tested $14.92 and reclaimed $15.02, but recent volume has cooled.
Wyckoff: the $13.521 sweep may be a candidate Spring, followed by a developing SOS; confirmation still depends on holding the retest. SMC: bullish BOS above $15.02 leaves $15.483 as the nearest weak high. The $14.92–$15.02 band is the preferred demand/retest zone.
🟢 CONDITIONAL LONG
Trigger: H1 close above $15.02 (met).
Entry: $14.92–$15.02 only if a fresh retest holds and buyers respond.
SL: $14.70
TP1: $15.483 (1.9R)
TP2: $16.00 (3.8R)
R:R uses the $14.97 entry midpoint. Invalidation: H1 close below $14.70.
STATUS: BULLISH BIAS — NO ENTRY YET. Price is already above the entry zone, so do not long the green candle. If LINK never gives a clean retest, let it go.
Will buyers defend $15.02 when volume returns?
$LINK #Wyckoff #SMC
Paper analysis only. Not financial advice.
