$LINK - leaning LONG (x20)
$LINK just closed a 30-minute candle on 0.9x normal volume.
That is ordinary turnover, so the move is not being driven by panic selling or a buying frenzy. Buyers still hold the upper hand without overheating, with the 1-hour RSI at 63 and the 4-hour at 55. The plan's own condition is the caveat: price sits at 11.66 inside the entry zone, so the stop is 1.6% away and the first target 1.7% out.
A push through that zone on rising volume would be the next thing to watch, since quiet turnover can still turn loud.
What would make you ignore the hot 15-minute RSI here?
Setup:
Entry: 11.66–11.68
TP1: 11.86
TP2: 12.01
TP3: 12.21
SL: 11.48
⚠️ Personal market insight, not investment advice. DYOR.
$LINK just closed a 30-minute candle on 0.9x normal volume.
That is ordinary turnover, so the move is not being driven by panic selling or a buying frenzy. Buyers still hold the upper hand without overheating, with the 1-hour RSI at 63 and the 4-hour at 55. The plan's own condition is the caveat: price sits at 11.66 inside the entry zone, so the stop is 1.6% away and the first target 1.7% out.
A push through that zone on rising volume would be the next thing to watch, since quiet turnover can still turn loud.
What would make you ignore the hot 15-minute RSI here?
Setup:
Entry: 11.66–11.68
TP1: 11.86
TP2: 12.01
TP3: 12.21
SL: 11.48
⚠️ Personal market insight, not investment advice. DYOR.
