LINK is wrestling with a fresh swing after the latest on‑chain inflow, and the market is eyeing a decisive break. The token’s momentum is now poised for a short‑term reversal.
🔴 $LINK SHORT 📉
Entry → $10.7872-$10.8088
Stop → $11.1219 (-3.0%)
TP1 → $10.6360 (+1.5%)
TP2 → $10.2581 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character on the higher time frame cracked the bullish swing, and the price punched through the prior swing low – classic CHoCH. CVD turned negative confirming selling pressure while a fair value gap lines up with a bearish order block, creating a POI confluence that screams downside. With that overlap, the structure now looks like a descending channel ready to test the next demand zone.
A 3.0% stop is relatively tight, so a modest 3‑5x leverage keeps risk in check.
Take a partial profit around the first target as the price approaches the mid‑point of the order block.
Not financial advice — always manage your own risk 🙏
$LINK #LINKUSDT #THORChain #TradingSignals #Write2Earn
🔴 $LINK SHORT 📉
Entry → $10.7872-$10.8088
Stop → $11.1219 (-3.0%)
TP1 → $10.6360 (+1.5%)
TP2 → $10.2581 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character on the higher time frame cracked the bullish swing, and the price punched through the prior swing low – classic CHoCH. CVD turned negative confirming selling pressure while a fair value gap lines up with a bearish order block, creating a POI confluence that screams downside. With that overlap, the structure now looks like a descending channel ready to test the next demand zone.
A 3.0% stop is relatively tight, so a modest 3‑5x leverage keeps risk in check.
Take a partial profit around the first target as the price approaches the mid‑point of the order block.
Not financial advice — always manage your own risk 🙏
$LINK #LINKUSDT #THORChain #TradingSignals #Write2Earn