$LINK is showing a lower-channel bounce after holding the 50-day SMA at $11.10. Stochastic RSI is turning upward from an oversold region, while funding remains low positive and open interest is neutral. This combination describes a relatively low-leverage accumulation setup. The supplied structure points toward a trendline-retest approach, with the $10.85 invalidation defining the downside boundary.
📈 Bias: Bullish Accumulation | 🎯 Entry: $11.30–$11.50 | 🛡 Support: $11.10 / $10.60 | 🚧 Resistance: $12.40 / $13.50 | 🎯 Targets: $12.10 / $12.80 / $13.50 | ❌ Invalidation: $10.85
Strategy: Support or trendline-retest entry after confirmation of the bounce.
#LINK #Chainlink #CryptoTrading #Binance #TechnicalAnalysis
📈 Bias: Bullish Accumulation | 🎯 Entry: $11.30–$11.50 | 🛡 Support: $11.10 / $10.60 | 🚧 Resistance: $12.40 / $13.50 | 🎯 Targets: $12.10 / $12.80 / $13.50 | ❌ Invalidation: $10.85
Strategy: Support or trendline-retest entry after confirmation of the bounce.
#LINK #Chainlink #CryptoTrading #Binance #TechnicalAnalysis
