$LINK has tested 11.20 four times in 3 days. Floors don't last forever, but this one is stubborn 🧱
Structure (4H):
• Floor: 11.20 to 11.27 (11.20, 11.26, 11.27, 11.23)
• Lid: 11.55 to 11.63, the last two bounce highs
• Price 11.50, right on EMA 20 (11.51). EMA 50 at 11.78
• RSI 46.8. Down 5.8% on the week
Quadruple tests usually mean one of two things: absorption (big buyer) or exhaustion (floor about to give). Volume on the break tells you which.
Levels for $LINK :
🟢 4H close above 11.63 → 11.78 (EMA 50), then 12.28
🔴 4H close below 11.20 → floor breaks, 10.80 next
Range play: longs near 11.25 with a stop under 11.15, trim at 11.60.
Where are you buying $LINK ? 👇
NFA
#Chainlink #Altcoins #TradingSignals
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Structure (4H):
• Floor: 11.20 to 11.27 (11.20, 11.26, 11.27, 11.23)
• Lid: 11.55 to 11.63, the last two bounce highs
• Price 11.50, right on EMA 20 (11.51). EMA 50 at 11.78
• RSI 46.8. Down 5.8% on the week
Quadruple tests usually mean one of two things: absorption (big buyer) or exhaustion (floor about to give). Volume on the break tells you which.
Levels for $LINK :
🟢 4H close above 11.63 → 11.78 (EMA 50), then 12.28
🔴 4H close below 11.20 → floor breaks, 10.80 next
Range play: longs near 11.25 with a stop under 11.15, trim at 11.60.
Where are you buying $LINK ? 👇
NFA
#Chainlink #Altcoins #TradingSignals
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance