$LINK long setup: open interest -9.0% in 24h while price moved -1.4%.
If support at 12.9 holds, buyers could push towards 13.0 and 13.1. If 12.7 breaks, it invalidates the setup and may lead to deeper losses.
What backs it:
- Daily above EMA200 at 10.6, bigger trend is up.
- Risk 1.1% to SL vs 1.8% to TP3, offering about 1.6R.
- BTC short-term trend bullish, adding a tailwind.
đą LONG · Entry 12.87â12.89 · TP 12.97 / 13.02 / 13.11 · SL 12.74
Hold the line or break lower?
NFA · DYOR
If support at 12.9 holds, buyers could push towards 13.0 and 13.1. If 12.7 breaks, it invalidates the setup and may lead to deeper losses.
What backs it:
- Daily above EMA200 at 10.6, bigger trend is up.
- Risk 1.1% to SL vs 1.8% to TP3, offering about 1.6R.
- BTC short-term trend bullish, adding a tailwind.
đą LONG · Entry 12.87â12.89 · TP 12.97 / 13.02 / 13.11 · SL 12.74
Hold the line or break lower?
NFA · DYOR